Description
EAST VILLAGE MIXED-USE BUILDING FOR SALE
Post War - Five Story Walk Up Apartment Building for sale.
22 units
Two Retail Stores
20 residential apartments
$3 million cash with $6 million owner financing.
100% occupied
Gross Current Actual Income is $550,000
Gross Rent Roll Multiplier is 16.36
Net Income Current Projected $458,000
Capitalization (CAP) Rate is 5.09%
Community District 103
City Council District 2
PRINCIPALS ONLY
New York Commercial Real Estate Services (NYCRS) has access to every building for sale in Manhattan.
NYCRS will show you the buildings that match your needs and financial requirements.
Just as important, we have the talented, motivated agents with the industry relationships and Manhattan real estate experience to make your investment property search a success.
Please do not hesitate to give us a call or send us an email regarding this building or any investment property in Manhattan.
Broker Details:
L. Joseph Posner, MS, JD
Senior Vice President / Assoc. Broker
New York Commercial Real Estate Services LLC
25 Howard Street, 2nd Floor
New York, NY 10013
Email L.posner@NYCRS.com
Cell phone: 917-501-4659 (call, voice message or text)
Direct Phone/Fax: 212-308-6004
ID# B350