Rare Investment Opportunity for This 22 Units Mixed Use Building In Lower East Side With 6% Cap Rate. Total Of 18 Two-bedrooms Residential Units And 4 Store units Total Of 22 Units (c4-4a Zoning). All 4 Stores Are Vacant And 1 Two-bedrooms Unit Will Be Delivered, Remaining 17 Two-bedrooms Units With Leases. New Flat Roof And Exterior wall Refreshed Within 2 Years. Hot Water Heater Was Replaced within 2 Years. High Annual Rental Income Of $340, 000 And Consistently Generated Substantial Profits. Price Aggressively for Today's Market.
Property Information
Location/Town
Lower East Side
Area/County
Manhattan
Prop. Type
Mixed Use Property for Sale
Style
Attached
Tax
$58,000.00
SqFt
9,618
# Stories
5
Year Built
1900
Basement
Finished
Exterior
Brick
Roof
Flat
Construction
Brick
Foundation
Poured Concrete
Yard
Back, Front
Insurance/Year
$500.00
Lot SqFt
2,573
Heat
Steam/Radiator
Electric
110 V
Roof
Flat
Lavatories
4+
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