Sorry, River Views * East 62nd Street [Ref ID #B790] is no longer available! Check Out These Other Great Properties Nearby or Search above to find active commercial real estate for sale or lease.
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 $10 million all cash only. 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
Mixed Use, Multi-Family, Live/Work Lofts
We need real sellers! we have buyers that don't need any financing! Please call James Famularo 917.627.0111
Mixed Use, Multi-Family
Four unit multi-family building located in East Harlem. With a recent renovation including all the plumbing and electrical systems, this building is ready to go. The boiler and water heater are all in brand new condition as well. This is Harlem’s next hot area for redevelopement. Near to the CostCo, Best Buy, and Target shopping center, as well as the new Hunter College Humanities Center, the area is fast becoming revitalized! Currently, 2 apartments are being leased short term. This can increase the return on gross by $2,000/month. Gross Annual Expense Schedule Real Estate Taxes $4,000 Insurance $4000 Gas $6440 Water & Sewer $720 Common Electric $540 Gross Expenses $15,700 Income Schedule Apt. 1 $2,700 Apt. 2 $2,200 Apt. 3 $2,200 Apt. 4 $2,200 GROSS ANNUAL INCOME: $123,600 CAP RATE: 6.7% Net Operating Income: $107,900
Office, Mixed Use, Multi-Family, Medical Office, Income / Business
OFFICE CONDO REDUCED ASKING PRICE: FROM $495/RSF AND UP First class building, Midtown location Across the street from Penn Station Major capital improvement project completed. More spaces are available for sale at this location. Please reference ID number: EE931 when calling. Eyal Enca, Commercial Leasing. Cell: 646-537-5137 Office: 212-353-2003 ext: 78 Email: email@example.com If this space does not suit your needs I have access to every building in the New York City area. You can reach me on my Cell or email anytime
Located in the vicinity of Sugar Hill this townhouse is configured as an owner's duplex on the first 2 floors, 2 studio apts on the 3rd floor, and a self contained 2 bedroom floor-through apt on the 4th floor. The garden floor has a living room with gas fireplace in the front, a large eat in kitchen, full bath, and access to the rear garden. The parlor floor features an owner's floor-through suite including a master bedroom, toilet & powder room, wardrobe, and a study. The 3rd floor has 2 studio apts with a full bath in the hall. The 4th floor is a self-contained 2 bedroom floor-through apt with washer/dryer, 2 skylights, and a full bath. Possible 2 family if 3rd floor and duplex are combined by way of interior stairs to form a triplex. There is a full cellar for storage and laundry. One block from the A, B, C, and D subways. 2 blocks from 24 hour Pathmark, NY Sport's Club, Starbuck's, Duane Reade, and Jackie Robinson Park. Within 5 blocks of CUNY and St Nicholas Park. #1 subway is on Broadway at West 145 St.
Ariel Property Advisors is pleased to present 242 Lenox Avenue, a 22' wide mixed-use building located on the east side of Lenox Avenue between West 122nd and 123rd Streets. Containing approximately 6,970 square feet, 242 Lenox Avenue is comprised of three (3) Class A units, twelve (12) Class B units, and one (1) commercial unit, which is currently vacant. Located two blocks away from the reviving and constantly redeveloping 125th Street Retail corridor, 242 Lenox Avenue will soon be in walking distance from a multitude of significant office, retail, hotel and residential developments, including, Wharton Realty' s 180,000 square foot retail development with Whole Foods as its ground floor anchor tenant. Other sites include the CREATE @ Harlem Green, Harlem USA II, the Victoria Theater Redevelopment, and the Corn Exchange. Two blocks from the 2 and 3 subway lines, 242 Lenox Avenue is just steps away from convenient access to all downtown and outer borough locations. 242 Lenox Avenue presents investors with an opportunity to capitalize on an asset in one of Northern Manhattan' s most desirable and rapidly developing retail, office, and residential areas, Central Harlem.
Ariel Property Advisors is proud to present 245 Lenox Avenue, a recently renovated 19' wide mixed use townhouse located on the west side of Lenox Avenue between West 122nd and West 123rd Streets. Retaining approximately 5,225 square feet, 245 Lenox Avenue is made up of four (4) two bedroom - two bathroom apartments consisting of approximately 940 square feet each, and a retail space, approximately 1,000 square feet, with a full bathroom and garden access. The retail space, occupied by Harlem Haberdashery,' a vintage Harlem clothing store, has additional storage space and an additional bathroom in the basement. The building, complete with top-of-the-line Mitsubishi electric cooling and heating systems, provides tenants with the ability to fully control and maintain their living environment in all seasons; Tenancy pays for all electric, heating, and cooling used by their unit. In addition to the Mitsubishi electric units, each apartment features washer and dryer units, a dishwasher, and high-end condominium finishes. Located near the reviving and constantly redevloping 125th Street Retail Corridor,245 Lenox Avenue is a prime opportunity for an investor and/or owner-user to purchase.
Ariel Property Advisors is proud to present two (2) walk-up apartment buildings located in the Washington Heights section of Northern Manhattan. The combined gross income of these buildings is $809,557 with a net operating income of roughly $444,664. The buildings can be purchased separately or together. 529 West 158th Street, a 50' wide, six (6) story walk-up building located on the south side of West 159th Street between Broadway and Amsterdam Avenue. Containing thirty (30) residential units and one (1) super' s unit in the basement, the property has a unit mix of twelve (12) one bedroom units, six (6) two bedroom units and twelve (12) three bedroom units. Amongst the thirty units, two (2) are free market units. 504 West 159th Street, a 62' wide, six (6) story walk-up building located on the north side of West 159th Street between Broadway and Amsterdam Avenue. Containing twenty four (24) residential units and one (1) super' s unit in the basement, the property has a unit mix of eight (8) two bedroom units and sixteen (16) three bedroom units. Amongst the twenty five units, three (3) are free market units.
2289 Adam Clayton Powell Boulevard is a 12.75' wide, four (4) story townhouse located on the east side of Adam Clayton Powell Boulevard between West 134th and West 135th Streets. Containing of 2,450 gross square feet, the building consists of two (2) two-bedroom duplex units, one of which will be delivered vacant. Within close proximity to local entertainment, institutions, and education the property is just a few blocks away from St. Nicholas Park, Harlem Hospital, City College, the Columbia University Manhattanville expansion, and the 135th Street Retail Corridor. Steps away from the 2 / 3 trains on West 135th Street and Lenox Avenue and the B / C trains on West 135th Street and St. Nicholas Avenue, the property offers easy access to all downtown and outerborough areas. In a continuously revitalizing and developing neighborhood, 2289 Adam Clayton Powell offers both investors and users an opportunity to position themselves in the centralmost part of Harlem, one of New York City' s most rapidly appreciating neighborhoods.
347 East 105th Street is a 25' wide, four (4) story walk-up building located on the north side of East 105th Street between First Avenue and Second Avenue. The building contains one (1) community facility space and six (6) residential units. All of the residential units have a railroad layout. Of the residential units, there are four (4) rent stabilized apartments and two (2) owner occupied units which will be delivered vacant. The ground floor community facility space has a month to month lease and can eventually be converted into two (2) spacious residential units. The property has been very well maintained and features a gas boiler and new roof. Easy access to all downtown locations is provided by the Lexington Avenue subway line (6) conveniently located only a few blocks away and the FDR Drive. 347 East 105th Street will greatly benefit from the eventual completion of the Second Avenue subway line, which will have an entrance around the corner on 106th Street and Second Avenue. Offering an accessible location with significant upside, 347 East 105th Street stands out as a unique East Harlem investment opportunity. Tours will be given by appointment only so please do not attempt
This is a great opportunity for a mix use townhome on The UES. The Water Mansion was Built in 1863 and restore to a more modern Town house designed by Toshiko Mori who architect in combining elements of East and West into the mansion' s design embracing principles of Feng Shui.
Five Story walk up, residential building containing 18 apartments and 1 commercial space.,hallways were modernized and 14 apartments renovated with all new kitchens and bath within the last 5 years. Tax abathement (J51) has expired and the remaning four (4) units will be decontrolled when they become vacant. The tenant pays for Electric. There is a laundry room located on the ground floor and Garbage room located in the basement.
Property currently consists of a 4-story with approximately 4100SF if keeping the existing building as investment property this building is in excellent condition. 7 apartments 100% Occupied Building expenses ONLY $8,200 Per year! **The property was renovated in 2009 and includes all high-end finishes. RE Taxes: $3,000 Water/Sewer: $1,600 Insurance: $2,800 Utilities: $800 Electric Total monthly income $12,450 Yearly $149,400 Expense is $8,200 NOI $141,200 Updated rent roll: BASEMENT: $0 STREET: One apartment - $3,200 Two Bedrooms / 2 Bath FIRST FLOOR: One apartment - $2000 Two Bedrooms / 2 Bath SECOND FLOOR: Two apartments - $1450 One bedroom + $1100 Studio THIRD FLOOR: Two apartments - $1450 One bedroom + $1250 Studio FOURTH FLOOR: One apartment - $2,000 Two Bedrooms / 2 Bath
PRIME MID TOWN EAST LOCATION! Suitable for investment, condo conversion, development site. Six story prewar building with excellent income in prime location close to East River, Queensborough Bridge, Roosevelt Island tramway and prime retail. Single owner. 25 units. Delivered vacant. Upside potential.
2291 Adam Clayton Powell Boulevard is a 12.75' wide, four (4) story townhouse located on the east side of Adam Clayton Powell Boulevard between West 134th and West 135th Streets. Spanning 2,600 gross square feet, the building consists of one (1) retail unit, one (1) floor-through office unit, and two (2) floor through two-bedroom units, all with individual gas boilers. Within close proximity to local entertainment, institutions, and education the property is just a few blocks away from St. Nicholas Park, Harlem Hospital, City College, the Columbia University Manhattanville expansion, and the 135th Street Retail Corridor. Steps away from the 2 / 3 trains on West 135th Street and Lenox Avenue and the B / C trains on West 135th Street and St. Nicholas Avenue, the property offers easy access to all downtown and outerborough areas. In a continuously revitalizing and developing neighborhood, 2291 Adam Clayton Powell offers both investors and users an opportunity to position themselves in the centralmost part of Harlem, one of New York City' s most rapidly appreciating neighborhoods. Please note the property is currently in receivership, please inquire for additional information.
15,000 SFPrice Upon Req.
The property is a four story Walk up building located on the West side of Bowery between Grand and Hester Streets in the heart of Chinatown, NY. The building comprises of 4 floors above ground plus a full basement and a partial sub basement. The building is currently occupied by current owner and will be delivered vacant. The building is currently built 6,700sf and there are additional 8,000sf approx. of development rights available. The ground floor has 15 ceilings and upper floors have between 12 -13 ceiling height.
4 Story (plus basement) 75'x 100' Building With FAR of 10. Zoning is C4-7. Building will be delivered vacant. Perfect for residential, retail, office.
River view! Beautiful facade and you will not find a better maintained building. There is additional FAR allowing you to add an additional one-two floors! Situated on Pleasant Avenue between 114th and 115th Street- just two doors up from star-studded Rao's. Four floors divided into three apartments. Floors one and two are one bedroom units and the top two floors are a three bedroom duplex. Low taxes- only $2,000 per year and very little money to maintain. Beautiful prewar qualities- exposed brick, fireplace, crown molding and large windows. Recent renovation and a great backyard. Located in a special section of East Harlem that is reminiscent of the East Village when it was a best kept secret. Pleasant Avenue has a rich history and all the signs of an area that is becoming the next big thing. Buy now while it's still within reach. Steps from Thomas Jefferson Park, the East River, East River Plaza (Target, Costco, etc), 6 train and 116th St. crosstown bus, and 2nd Avenue subway coming soon!
100% OCCUPIED, 6 story brick walk up apartment building plus basement containing 20 apartments & 2 retail stores converted to live/work units containing approximately 750 square feet each. $12,400,000 Reduced to Only $10,000,000 All Cash Big Upside!! 1 rent controlled tenant pays only $101 monthly, Plus 2 rent stabilized tenants pays only $529 & $643 monthly.
Old world charm, meets modern day lifestyle and investment opportunity! A great investment building with a brand new, three full floors of owner's residence! 508 West End Avenue offers 4 floors, plus basement and cellar, with 6 current tenants above the owner' s residence that provide income to carry expenses. The restoration to the façade is estimated to be completed spring 2013. There is a new front door, new roof, new gas boiler and hot water system just completed. The owner's residence is currently being entirely renovated including new floors, windows, kitchen, recreation room, wine cellar, private terrace and private balcony, laundry room and all new electrical wiring and plumbing.
241 East 120th Street is a 25' wide, five (5) story walk-up building located on the north side of East 120th Street between Second and First Avenues. The building contains eleven (11) units, of which there are two (2) studio and nine (9) 2-bedroom units. Seven (7) of the units are rent stabilized and four (4) units enjoy free market status. The property sits among several newly constructed rental buildings like The Tapestry and 181 East 119th Street that are achieving record-level rents. Other nearby landmarks include Hunter College, The East River Plaza and Patsy' s Pizzeria. Easy access to all downtown and outer borough locations is provided by the Lexington Avenue express subway lines (4-5-6 trains), the FDR Drive and Tri-Borough Bridge. Offering an accessible, central location and significant upside, 241 East 120th Street stands out as a solid East Harlem multifamily investment opportunity.
2.5% to 21% Proforma Cap Rate BEAUTIFUL HARLEM BROWNSTONE APARTMENT BUILDING FOR SALE Description: 4 Story 6 Family 20 Room 3,840+/- square foot Brownstone Apartment Building. LAYOUT: 4/3's (1 Bedrooms), 2/4' s (2 Bedrooms). TOTALS: 6 apartments containing 20 rooms and 3,840+/- Total Square Feet. 6,054 Maximum Usable Square Footage. City shows 3,000 square feet now 3,000 Square Feet of Undeveloped Unused Buildable Air Rights may be added to the property. $ 67,416 Total Current Annual Apartment Income including 1 vacant projected at only $1,200/month (5 Apartments Rented Now at only $884 Average Monthly a fraction of full market rental value) $217,200 Proforma Projected Full Market Rental Projection if all apartments are vacated and Rerented $345,600 Projected Potential as Student Housing
5,016 SFPrice Upon Req.
Ariel Property Advisors is proud to present 206 West 138th Street, a 22' wide, four (4) story vacant townhouse, located on the south side of West 138th Street between Adam Clayton Powell Jr. and Frederick Douglass Boulevard. Standing at 5,016 square feet, with fourteen (14) class B units, the property currently retains 2,546 square feet of air rights. Located on one of Harlem' s most prestigious residential corridors, the historic Strivers Row, 206 west 138th street will be delivered with original detail, full electric, a five year old gas boiler, and a 944 square foot backyard with a garage in the back. Exclusive to Striver Row resident parking can be accessed by a side-street entrance located on Adam Clayton Powell Jr. Boulevard between West 138th & West 139th Streets. Located in close proximity to the 2 / 3 trains on West 135th And Lenox, and the B / C trains on St Nicholas, the properties share easy access to all downtown and outerborough locations. Steps away from City College, the Columbia Expansion, and Harlem Hospital, the property borders local instituations, businesses, and educational facilities.
Ariel Property Advisors is proud to present 163 west 80th Street, a five story-walkup building located on the north side of West 80th Street between Amsterdam Avenue and Columbus Avenue. The 9,624 square-foot building is comprised of five floor-through luxury apartments, consisting of one duplex convertible four-bedroom unit and four convertible three-bedroom units. Each unit is outfitted with high-ceilings, oversized windows and high-end finishes, including open kitchens with stainless steel appliances and modern bathrooms. While currently operating as a free-market rental property in which all leases are due to expire in 2013 and demand fair market rent increases, a condominium declaration has been filed establishing five single residential condominium units within the building. Therefore, this is an excellent opportunity for an investor to earn an attractive return on a rental property, while preserving the flexibility to realize significant upside on a condominium sale basis as the market strengthens.
Block/Lot: 1429/27 Location: Second Avenue Between 74th and 75th Streets Property Type: Multi Family Apartment Units Lot Size: 1,362 Sq Ft Building Dimensions: 19X47 (Approx.) Stories: Four (4) Units: 3 Units and 1Retail Building Square Footage: 4,340 Sq Ft Zoning/F.A.R.: C1-9 (R10) Max Allowed: FAR 10 FAR as Built: 3.19
Pristine medical office. This large, value-priced, professional space is located in a prime Upper West Side full service condominium. Measuring nearly 900-square feet, this property is currently configured with a generously proportioned waiting area, 11 to 14-foot ceilings, and a large room in the rear which can easily be converted into three treatment rooms. This unit has a separate entrance steps away from Broadway, as well as multiple public transportation options. New renovations include Stanley electric sliding entrance doors, central air/heat with a Ductsox air dispersion system, a kitchenette, new hardwood floors and designer lighting. Low common charges (plus a $168 assessment) and taxes make this a value investment.
This is a Co-operative building with condominium bylaws and very flexible subletting rules. This is a Landlease Building. Located on the Upper East Side between Second and First Avenue, this High-rise building has 25 floors, and 148 apartments, each equipped with its own washer/dryer. This Post-war building was built in 1987 on a residential street in school district 2. This unique building allows Pied-A-Terre' s, 90% financing, 49% tax deductibility, no board approval and no transfer fee. Other building amenities include a full time doorman, elevator, 24-hour fitness center, a garage, sauna, steam room, and a rooftop deck.
HARLEM BEAUTY!!!! This 2BR, 1BTH, stunning, approx 1000 square foot condo home features a kitchen with granite counter-top with its wood-finished cabinetry & it's ready fed plumbing lines that are currently in place for a future dishwasher. This pass thru window kitchen opens into a large living room, with vertical blinds and nice window treatment. The master bedroom is spacious, fully carpeted, plenty of closet space. Second bedroom has plenty of closet space and is also fully carpeted. The home is complete with high ceilings and polished hardwood floors throughout. The home also contains laundry facilities in the building. There is a shared community garden. The common charges are very low at CC: $500 Real Estate Taxes: $139 a month. Each apt has its own private storage space.
Email me for many more photos on this turn key multi-family. Building is self-managed. Repairs/Maintenance has been limited to yearly boiler service and the occasional handyman issues. Vacancy rate is extremely low due to desirability and low tenant turnovers. All apts have been renovated. Building is in very good shape and has w/d hookups. (My personal note. I believe these rents are low.) Apartments are all free market and not subject to any restrictions or limitations Can ad value by building another floor and taking owners first floor apt and attaching the garden. Basement is built full and might be able to duple it with first floor and garden. Apartment Features Dining Area; AC: Window Units; Kitchen: Open; Dishwasher; Bathroom: Marble; Window: New Windows; Oversized Windows; 1 Decorative Fireplace; Floor-through Apartment; High Ceiling; W/D Hookups; Abundant Closets; Exposed Brick; Exposure / View North; South Building Description Cross Streets: Adam Clayton Powell Boulevard and Frederick Douglass Boulevard. Voice Intercom; Walk-Up; Pre-war; Built 1910; Townhouse; 5 Floors; 5 Apartments.
Residential Tenants - 20 Apartments Size: 10,000 SF Block / Lot: 394/ 65 Improvements: Recently Renovated hallways & lobby. New camera system. New Boiler & mechanical systems. New Duel Fuel Burner. All Free Market Units have unique high quality finishes w/Stainless Steel Appliances.