Description
| ±11.533 square foot corner building with nine residential units and a retail unit in a market with a high barrier to entry. |
| Excellent investment opportunity with pro forma NOI of over $868,629 annually. |
| Apartments are 100% fair market rent, maximizing potential value-add through leasing available spaces at market rent. |
| Property benefits from Tax Class 2B status, which offers a protection against unlimited annual increases. |
| Residential units have been recently gut renovated with new appliances, bathrooms, and countertops. |
| Conveniently located in the heart of East Village, nearby Union Square, Tompkins Square Park and Stuyvesant Square. |
Address
- Country: United States
- Property ID 4467
- Price Price on call
- Property Type Apartment
- Property status Commercial
- Year Built 1920
- Size 11,533 SqFt
- Lot Size 0.06 AC
- Building Class C
- Zoning R7, New York