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Mixed Use Property for Sale in Lower East Side, Manhattan, NY 10002 | Web ID: 490575 | $3,380,000

Mixed Use in Lower East Side - Forsyth  Manhattan, NY 10002Mixed Use Forsyth  Manhattan, NY 10002, MLS-490575-2Mixed Use Forsyth  Manhattan, NY 10002, MLS-490575-3

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Mixed Use Forsyth  Manhattan, NY 10002, MLS-490575-3
Mixed Use Forsyth  Manhattan, NY 10002, MLS-490575-3
Mixed Use Forsyth  Manhattan, NY 10002, MLS-490575-3

AGENT CONTACTS

Citizens International Realty

718-282-6400

718-282-4767

cir@citizensintlrealty.com

Property Description

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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  • Email: cir@citizensintlrealty.com
  • Phone: 718-282-6400
  • Fax: 718-282-4767
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