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Mixed Use, Multi-Family
DEVELOPERS DREAM! $197k/yr.rent roll, income from 6 apartments + 2 stores, PLUS BUILD a NEW 4.5 Sty luxury building! 15% RETURN! PLUS $4.6M upside for CONDO! Prime location, 5 min. to Metro North and all restaurants & stores. Marlon at 917-270-8796. Approvable plans available.
6 Story 36,930 Square Foot Elevator Apartment Building Constructed in 1941 Containing 36 Large Apartments.
5,958 square foot Three-story Walk-up Apartment Building with SIX (3+½) Bedroom Residential Apartments plus large basement with seven storage spaces. Tenants pay all utilities (including heat): Property has 6 hot water heaters, 6 boilers, 7 electric meters. Property now undergoing renovation and will have all new appliances and fixtures.
127 East 36th Street a five-story building plus a cellar currently consists of 7 residential apartments 4 destabilized and 3 Stabilized. The subject property is ideal for an income producing investment property, an owner' s duplex plus income, a foreign government, or a conversion to luxury single family in the near future. The vacant 2000Sq.ft duplex apartment will be a treasure once it' s updated with your personal touch while collecting rent from the other 6 apartments. It can also be converted to a triplex combining (2nd+3rd) with the ground (1st) floor to a luxury single family in the near future! Seller has enjoyed many years of healthy cash flow from this property and this is your chance to acquire the same income for yourself. The rent-stabilized units renting at approximately 40% below market additionally, 3 of the rent-stabilized units are above $2700 in legal monthly rent, making them potentially eligible for free market status, while the other could be deregulated through renovation cost recovery upon vacancy.
Vacant 3 bedroom apt + occupied commercial space. Very low taxes & expenses. Even with the vacant apartment, the retail pays more than enough to cover the building's expenses. Heat is provided by a gas boiler & gas water heater. Opportunity to expand the property by 4k sq ft. There is also an opportunity to use the commercial space for your own personal business. Located on a main commercial strip.
Excellent development opportunity in the North side of Williamsburg, Brooklyn. Asking $9,500,000 Lot size: 50ft x 100ft Building size: 50ft x 100ft Zoning: R6B FAR as built: 1 MAX allowed FAR: 2 ; 10,000 Buildable SF Currently has a Restaurant and dry cleaner in place. 2 OFFICE SPACES IN THE REAR DELIVERED VACANT Easily convert the two spaces into one X-Large studio/office space. Retail rents in this area have been skyrocketing with announcement That APPLE and WHOLE FOODS are opening just a few blocks away!
Package deal large 8 units plus 2 stores, delivered with 7 vacant apartments...Maximum FAR 4....C2-4/R7A...taxes $34k. Projected Rent Roll $224K. grocery store 5 years lease $3k (2020) All Cash deal. Owner retiring. Great for new owner to start fresh, close to Flatbush theater. Large 2 (3) bedrooms; 2 (2) bedrooms; 2(1) bedrooms and 2(studios)
Solid Brick Building. All cash large 13 units plus store Close to all. R7-1 zoning Rent Roll $257K. 10 (3) bedrooms; 1 (2) bedroom; 2 studio; and 1 store Great income.
Price Upon Req.Size Upon Req.
Property tours are available by appointment only. Please contact Dan Maurer at 212-660-7732 or email@example.com to schedule a property tour.Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 509 West 212th Street, a 5-story, residential apartment building located between Broadway and Tenth Avenue in Manhattan's Inwood neighborhood. The property presents investors with the opportunity to invest in one of the most desirable asset classes with limited supply in a neighborhood experiencing significant growth. The growing desirability to reside in Northern Manhattan presents large benefits to investors who seek a market that has been kept relatively unchanged. The building measures approximately 37,940 gross square feet and features a total of 44 residential units. The overall unit mix within the building consists of 19 one-bedroom and 25 two-bedroom units. Of the 44 total units, 41 are rent stabilized, 2 are rent controlled and 1 is occupied by the super. Collectively, all of the residential units generate approximately $540,516 in gross annual revenue.