This property is a 6 story building with 12 residential apartments and a gross square footage of 6,900 SF. There are 3 rent stabilized and 1 rent controlled apartment creating tremendous upside, along with two rent stabilized units (apts 4 & 9) delivered vacant at closing that need to have major capital improvement done in order to be deregulated. The building utilizes gas heat. Perfect buy and hold investment with a steady income stream. Other possible strategies include turning it into a single family residence or condo conversion.
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Attention Investors- Wonderful Investment Opportunity! Newly Renovated Three structures each comprising three apartment units with ample parking. Possible upside on rents. 1 Studio, 2- One Bedroom Units, 5 - 2 Bedroom Units and 1- 3 Bedroom Unit Amazing opportunity to own this multi-unit property situated on .88 acres Montrose is nestled in the Town of Cortlandt Come see the many possibilities this property has to offer
This is a new great package of 38 Single Family Homes, 100% occupied, 97% of the tenants are section 8 (the government pays the rent), With a average of 18% return. All properties are in a walking distance from each other, Each property has been renovated and complies with section 8 requirements. We represent a group of investors that collaborate with other major investors who have interest in building a large portfolio of single and double family houses in the Buffalo-Niagara Falls, NY area. There are over 600 investors at our disposal with an impressive inventory in this area. This group can create and build any type or size portfolio that would suit you. Essentially, we buy properties for all-cash and then renovate them and fill them with excellent tenants. All these properties are off-market, with tenants in place. The Cap Rate is above 14%. All of them are in good locations with no need of rehab.
Questions? Call me anytime west coast time zone. Turn Key property with new, bathrooms, kitchens, appliances, flooring, windows, and doors. PROPERTY FEATURES: 2 bed, 1 Bath, Living Room, Kitchen, Storage Unit. Well lit and secure entrance. New tiled showers. New kitchen cabinets, counters, faucets and appliances. New Ceiling Fan. Off street parking with numbered spaces. New energy efficient windows. On site laundry facility with deep sinks. Heated storage units included. New commercial grade air conditioning unit. Heat, hot water, sewer and garbage included. Individually metered electricity. GREAT LOCATION: 5 blocks to Destiny Mall! 4 blocks to the Alliance Bank Stadium! Bus stop 1 block away. Easy access to highway: 81,90,11,307 and 690. (All are within a couple blocks.) REQUIREMENTS: Rent $850.00 per month. $850.00 Security Deposit. We do NOT accept Section 8 or PA. We are a NO smoking, NO pet building. Application Process: Credit/background check. Cost: $30.00 and is done online. Online Management: Pay Rent Online, Track Your Payment History, Request Repairs and Track Work requests.
Price Upon Req.Size Upon Req.
Property Tours are available by appointment for Tuesday, March 31st and Thursday, April 9th. Please contact Peter Illuzzi for scheduling.Auction.com is pleased to present the opportunity to acquire a four building multifamily portfolio located on Main Street & Roosevelt Avenue, in Poughkeepsie, New York. There are a total of 46 units between the 4 buildings, 4 of which are retail. All tenants are renting on a month to month basis, and rents are presently below market, allowing for significant upside. The properties also benefit from on-site parking, in which additional income can be generated through the leasing out of roughly 35 spaces. This portfolio is located in the Fishkill Submarket within the Westchester County metropolitan area. The immediate area surrounding the properties is primarily made up of residential and local retail and office establishments. I-87 is located approximately 20 minutes away providing greater access to the greater New York City region, with Manhattan being approximately 85 miles away.
Price Upon Req.11,275 SF
Level Group has been retained on an exclusive basis by the owner of 79 Mott Street to market this rare investment opportunity in the heart of Chinatown. The building consists of a 5-story walk-up with 3 prime retail units (2 street level and 1 selling basement) and 16 residential apartments (of which 7 are free market and 9 are rent stabilized). Retail units will be delivered vacant, offering an excellent opportunity for strategic investors to immediately maximize its income potential.
48 Bedford boasts a completely re-designed brownstone building containing one- of-a-kind 1 bedroom residences. No expense was spared in the renovation. The property has a gross SF 6,705 with 5 stories, 10 units, rent able storage units for tenants in the basement and a roof deck with scenic views that include the Empire State Building, One World Trade Center, and Pompeii Church (in the basement Village (GVLL), little League and DUSC (Downtown United Soccer Club has its trophy celebrations). The building was completely gut renovated, and all the units are luxury apartments that feature high-end finishes, fixtures, and appliances, Amenities included are stainless steel appliances, washer/dryers in suite, heated tile system in select bathrooms, state-of-the-art double layer security intercom with camera in all units and bug-proof sealed doors among others. This is a great investment property where residents can enjoy the charm and history of one of New York' s most sought-after neighborhoods, without sacrificing the comforts of a brand new home. Value is always retained and continues to grow in Greenwich Village, and still continues to be one of the hottest areas to live in NYC
The building is a 3 story walk-up with 2,400 SF of above ground space with an extra 800 SF of below grade space. First floor and basement is occupied by a Chinese restaurant called Szechuan. The 2nd and 3rd floors are both railroad style 1-bedrooom apartments. The store has a lease until July 2021 with annual increases of 3%. They also pay 50% proportionate share of the increase over the base year (11/12) and 25% of the Water/Sewer Bills. Both residential units have been renovated and are both paying under market value which allows the potential buyer to increase the rent roll immediately. Both residential leases expire in 2015. DISCLAIMER: All information furnished herein is from sources deemed reliable. No representation is made by Living Real Estate Group LLC. nor is any to be implied as to the accuracy thereof and all information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer. Buyer / Lessee is responsible for his / her own due diligence.
PLEASE SEE ATTACHED PACKAGE & INC/EXP AUTUAL & PROFORMA. Molloy Professional Building has been totally renovated by new owners. Painted, carpeted, new lighting and signage in interior. Painted and repaired extension of building installed new granite curbing, signage, LED lighting and canopies. Absentee owner wants to focus on core assets. Currently 75 percent occupied, actual 11 percent cap. Performa with 10 percent vacancy and a few assumptions make's this the best value buy with tremendous upside on today's market. Please see attached inc/exp actual-proforma.