Owner Financing Available * East 4th Street {Ref ID B350}

Owner Financing Available * East 4th Street {Ref ID B350}, New York City, NY 10003

Submarket: East Village

Intersection: Second Avenue

  • $9,000,000.00
  • 8,500 SF
  • $1,058.82/SF
  • For Sale
  • Multi-Family
  • 0 days ago
  • 2539340

Financials

  • Actual
  • 5.09

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

Building Details

  • PRINCIPALS ONLY
  • 1910
  • 8,500
Presented by

New York Commercial Real Estate Services

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L. Joseph Posner, MS, JD
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