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Located in the heart of Chelsea,this five-story plus duplex,mixed-use building benefits from a tremendous amount of foot traffic on Seventh Avenue. The property comprises retail on the ground floor, community facility use on the second floor and five residential units above. The ground floor currently has a lease ($151/SF) with one year remaining and one five-year option. The second floor is designated as community facility use and the residential units average $79/SF in annual rent. The entire property was recently renovated,making this an ideal opportunity for an investor to purchase a turn-key asset.
Opportunity to increase rent roll by 65%. Extremely large 4 bedroom apartments. Average rent of $1,166. Clean building with nice tenants *EXCLUSIVE LISTING* No brokers. Principal buyers only. No brokers. Please call before driving by or if you need a set up sheet
Exceptional two bedroom/two bathroom apartment with a 54 ft long terrace with Italian Marble tiles, water fountain and terrace furniture. The terrace is the length of the apartment. It has north, south and western exposure, Henry Hudson River and Palisades seasonal views. There are amazing sunsets from the terrace and each room. The terrace is accessed from the living room and the master bedroom. There are floor to ceiling windows. The apartment has an entry foyer, pass through renovated kitchen with new stainless steel appliances, two seat dining counter, ample counter space and storage. The formal dining room is adjacent to the kitchen. The oversized master bedroom has a bathroom ensuite and custom oak closet. The second bedroom is large and has great closet space. The second bathroom is in the hall and has Italian white marble and tile, glass fixtures, ample closets. This spacious apartment has many closets and wood floors throughout. You control the temperature in your own unit and it has forced heat and air conditioning.
Price Upon Req.25,239 SF
Aucton.com and Team Resource, Inc. are proud to present the opportunity to acquire 372 Park Avenue, a four-building, 21-unit, class C multifamily property located in East Orange, New Jersey. The immediate area surrounding the property is comprised of similar early 1900's construction multifamily properties. Built in 1918, the property's unit mix consists of: eight (8) - 1 bedroom, nine (9) - 2 bedroom, and four (4) - 3 bedroom units. The building was recently renovated with updates including replacing 20 of the 21 units windows, a new water tank, and converting the oil burner to gas, lowering overall operating costs.The property is located along the main thoroughfare of Park Avenue in the city of East Orange, part of the Lower Essex County multifamily submarket of Northern New Jersey. Located just 3.5 miles northwest of downtown Newark, the area benefits from excellent highway access and multiple public transportation options. East Orange is connected to New York City's Penn Station (approximately 20 minutes away) via two direct New Jersey Transit train lines, the Morris and Essex Lines.
This property is a 6 story building with 12 residential apartments built 6,900 SF with additional FAR of 2,306 square feet. There are 3 rent stabilized and 1 rent controlled apartment creating tremendous upside, along with four units delivered vacant at closing. The building utilizes gas heat.
AWESOME DEVELOPMENT OPPORTUNITY in WILLIAMSBURG! 3 Fam Brick + 2 Fam. Brick & Store SOLD TOGETHER 5 Residential Units, 1 Commercial Space Lot size: 44 x 86ft Building size (*2 buildings): 44 x 45ft *1st Floor at 449 Keap St is fully built out TOTAL BUILDABLE SF: 11,353 FAR: .94; MAX FAR: 3 Zoning: M1-2/R6A/MX-8 447 KEAP ST (3 Fam. Brick): Apt 1 (1Br w/ Yard) $2,500/mo Apt 2 (2Br) $2,300 (month to month lease) Apt 3 (2Br) $2,300 (month to month lease) 449 KEAP ST (2 Fam. Brick + Store): Store (2200 sf, storage in rear): Vacant Apt 2 (3Br + 800 sf Deck): Vacant Apt 3 (2Br): Vacant
Estate Auction Four Family Building - 10,000 Sq Ft Corner Lot Multi-Family Investment Opportunity Details: 569 Broadway Street, Westbury, NY 11590 4 Family Building with Basement & Detached Garage 2,576 Sq Ft Living Area + Full/Substantially Finished Basement 646 Sq Ft Garage All Units Individually Metered for Gas & Electric Oversized 10,000 Sq Ft Lot (100' x 100') First Floor (2 Occupied Apartments): Apt #1: 2 BR, 1 Ba, Kitchen, Living Room Section 8 Lease, Pays $1,400/Month, Lease Expires 8/15 Apt #2: 2 BR, 1 Ba, Kitchen, Living Room Month-to-Month Tenant, Pays $1,000/Month Second Floor (2 Vacant Apartments): Apt #3: 2 BR, 1 Ba, Kitchen, Living Room Apt #4: 2 BR, 1 Ba, Kitchen, Living Room Market Value as Assessed: $635,000 $210,000 Opening Bid
245 Martense presents the rare opportunity to own a large and high income producing 8 family building on the border of Lefferts-Garden & Flatbush in Brooklyn, NY. This building is a very low maintenance investment with the potential to be optimized even further. The 25ft wide x 86ft building is on a 25ft x 100ft lot. Each floor has two floor-thru units with a layout potential for up to 3 bedrooms each. There is even a finished basement that can be used for storage or Super' s quarters. Six of eight units are currently free market with the remaining two stabilized units very close to free market status. Four of the units have been fully renovated. There is a brand new roof, boiler (Gas), dual water heaters, skylight, intercom/buzzer system and windows throughout. All tenants pay via auto debit on the first of the month. The building grosses approximately $175k and nets approximately $135k with an optimized cap rate well above 7%. This building is a great 1031 exchange candidate as well. Full Financial Setup can be requested.
Great Upside!!!!!!!!! 8 family for sale in Ridgewood, Queens, NY. All 3 Bedroom Apartments! Completely renovated building Modern Bathrooms and Kitchen Roof and Heating (oil) less than 5 years old one apartment delivered vacant Very low occupancy One Rent control with Screa credit brings rent up to $1,100 apx. Note to brokers: Commission must be paid by your buyer
The property sits on a lot that is 20 feet wide by 131 feet deep with an R7A zoning designation. The property features six apartments and the property is to be delivered vacant upon a sale. Existing property totals 3,300 square feet and the property has an additional 7,180 square feet of air rights.