Karen Ciccone New City Real Estate

Midtown East (New York City, New York, US - 10019)
MLS® $25,000,000 Reduced




 

Keller Williams Hudson Valley Realty - The New Line Group


Karen Ciccone
 
Karen Ciccone
Email Karen
 
Phone: 845-634-2090
Cell: 914-403-0897
Fax: 845-639-7564
 
Details

Type: Commercial Style: Apartment Building Size: 13,725 sq. ft. Lot Type: Rectangular
 
Description

Two six story Walk-up Rental For Sale Located Midtown East Manhattan
New Awning, New Lighting, Marble Lobbies, New Roof, All system upgraded.
Total apartments: 59
Vacant: 53
Occcupied: 6
All six are Rent Stabilized and Rent control

19 2BR, 29 1BR, 11 Studios, 1 commercial space
Basement
13,866 SF additional Air Rights
Built : 1910

Frontage Facing Park 74 Ft
Total Proforma Income: $2,321,438
Total expense: $ 176,819
Net Income: $ 2,144,619
CAP Rate : 7.2%
Asking Price 25,500,000





 
Brokered and Advertised by:   Real Estate Advisory Company P2#1863571
 

Information is deemed to be correct but not guaranteed.