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.
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.
508 West End Avenue is located on Historic West End Avenue steps from Riverside Park as well as fine shopping, dining and excellent schools. The property offers an impressive owner's Triplex with much of the original detailing either preserved or restored, with four free market and two rent stabilized apartments this is an ideal property for an investor or an owner/user looking to offset expenses with rental income. The façade, front door, roof, gas boiler and hot water system were all replaced during the restoration. 6 Residential Unit including 2 rent stabilized
***UNDER CONTRACT*** Improvements include new stucco to the outside of the building, a new roof, new windows in the lobby, new stairwell, renovated hallways, a Key Fob entry system, and solar panels on the roof. Many apartments have also been renovated with new kitchens, bathrooms, and new floors over the past few years
248 East 49th St is an elevator building which has meticulously redone with new hallways, lobby, apartments and communal roof terrace.These apartments have been renovated top to bottom with new floors, custom kitchens and new bathrooms. The current owner leases these out as short term rentals. All utilities (including WiFi and Cable) are included in the rent.
One of the last deals you'll see in Harlem for under 2M! As a four family, the RR will be approx $129,600/year. Vacant townhouse located on Madison Ave between 129th and 130, this property has approved plans for a two family. However, it is possible to convert to a three-four family to generate a higher rent roll. The lot measures 16.42x75 and the townhouse measures 16.42x50. This townhouse offers 3,284 sqft above grade plus a full cellar also measuring 16.42x50. There are also 997 sqft of additional FAR/air rights. Low taxes of $2,254/year. Steps to Marcus Garvey Park, Apollo Theatre, Red Rooster, express subways at 125th (4,5,6 and 2,3 lines), and Metro North. Please contact Sarah Worley at 646.763.1158 or email@example.com for further details and showings.
Vacant building in need of complete gut renovation. No C of O, and has mold, lead, asbestos and pest issues. Will only consider cash offers, as is condition subject to existing violations. Preliminary plans for single family use are available. Must submit proof of funds prior to submission of offer. Serious buyers only. Contact Stephanie at 917-658-9824 for more information.
5 Story 5,400 Square foot Townhouse in the Lower East Side. There are 10 apartments most have 10.5 ceilings, some have fireplaces. There is a 20 x 24 Garden in the back. All apartments have excellent light as they have wide unobstructed Northwestern views looking onto Jacob Joseph Park and Freedom Tower. Zoning provides for a commercial space on the lower level. FAR allows for approximately 950 additional square feet. At 776 ppsf this is a amazing buy for someone wishing to create a single family home or condo conversion. Great location - Half a block from the Subway, Library, Pre-School, Health Club. This location has seen explosive growth with large Projects such as Essex Crossing and the New Extell development only a few blocks away, live theatre, trendy acclaimed restaurants and bars. This property gives buyers an opportunity to invest in one of the last remaining up an coming areas in Manhattan.
6,375 SQUARE FOOT BUILDING BLOCK 809 LOT 41 4 STORY BUILDING DIMENSIONS: 25 X 100 FIREPROOF CONSTRUCTION FULLY SPRINKLERED 12' FOOT CEILING HEIGHT GAS HEAT ZONE: C2-3/R5D 400 AMPS POWER 1 DRIVE-IN DOOR GROUND FLOOR: OFFICES (HVAC) 2,500 SQUARE FEET FLOORS: 2-4: 3 APARTMENTS RENT ROLL: GROUND FLOOR:$6,000.00 PER MONTH (MAY BE DELIVERED VACANT) 3 APARTMENTS: $6,000.00 PER MONTH ALL TENANTS PAY FOR THEIR OWN HEATING AND HOT WATER TOTAL INCOME: $144,000.00 NET OPERATING EXPENSE: $125,400.00 EXPENSES: WATER & SEWER: $1,600.00 INSURANCE: $2,200.00 TAXES: $14,800 EXCLUSIVE AGENTS: DIMITRIOS SIDIROPOULOS/CHRIS KIM