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$12,000,000, Apartment building for sale prime investment opportunity
Posted:
Thursday, April 25, 2013 12:55 PM
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LOWER EAST SIDE
NEW YORK, NEW YORK
Lot Size: 43’ x 50’
Building Size: Ground Floor: 43’ x 50’irr = 2,025
Second Floor: 43’ x 45’ = 1,935
Third Floor: 43’ x 45’ = 1,935
Fourth Floor: 43’ x 45’ = 1,935
Fifth Floor: 43’ x 45’ = 1,935
Sixth Floor: 43’ x 45’ = 1,935
Above Grade 11,700
Stories: Sixth (6) Plus Full Basement
Zoning/FAR: C4-4A (4.0) R7A Equivalent (4.0)
Gross Square footage:11, 700 (Approx)
Assess: (12/13) $1,068,750 (12/13)
Real Estate Taxes: $143,565.19
Description: A 43’ wide six story walk-up apartment building. The property has four stores on the ground and fifthteen apartments above.
The property is a prime investment opportunity since half of the apartments are rent stabilized an investor can renovate the apartments and increase the rents. For the units that are free market an investor can demand the rent that the market will bear. The building is in an area in the Lower East Side that is in high demand for rentals.
Atmack LLC
16 Penn Plaza
Suite 506
New York, NY 10001
Contact: Mike Brown
Tel: 855-286-2251 Ext:148
LIST YOUR PROPERTY FOR SALE WITH ATMACK WE GET THE JOB DONE
Subject to change of price, errors, omissions or withdrawal from the market without further notice.
If you own a commercial building for sale in Manhattan NY including office, warehouse,
industrial, residential, or retail Elevator Buildings, Vacant Buildings, Lots,
Taxpayers, Mixed-use, Free Market Rents, Coop/Condo Package, SRO, Development Walk up,
Hotel, Investor, Townhouse, or brownstone We know buyers who are interested.
A building needs to meet certain criteria including but not limited to a good cap rate,
vacant or full occupancy, long term leases, and sale prices should reflect area.
These buyers are looking in specific areas of NYS for specific NY Commercial Properties within New York.
NEW YORK, NEW YORK
Lot Size: 43’ x 50’
Building Size: Ground Floor: 43’ x 50’irr = 2,025
Second Floor: 43’ x 45’ = 1,935
Third Floor: 43’ x 45’ = 1,935
Fourth Floor: 43’ x 45’ = 1,935
Fifth Floor: 43’ x 45’ = 1,935
Sixth Floor: 43’ x 45’ = 1,935
Above Grade 11,700
Stories: Sixth (6) Plus Full Basement
Zoning/FAR: C4-4A (4.0) R7A Equivalent (4.0)
Gross Square footage:11, 700 (Approx)
Assess: (12/13) $1,068,750 (12/13)
Real Estate Taxes: $143,565.19
Description: A 43’ wide six story walk-up apartment building. The property has four stores on the ground and fifthteen apartments above.
The property is a prime investment opportunity since half of the apartments are rent stabilized an investor can renovate the apartments and increase the rents. For the units that are free market an investor can demand the rent that the market will bear. The building is in an area in the Lower East Side that is in high demand for rentals.
Atmack LLC
16 Penn Plaza
Suite 506
New York, NY 10001
Contact: Mike Brown
Tel: 855-286-2251 Ext:148
LIST YOUR PROPERTY FOR SALE WITH ATMACK WE GET THE JOB DONE
Subject to change of price, errors, omissions or withdrawal from the market without further notice.
If you own a commercial building for sale in Manhattan NY including office, warehouse,
industrial, residential, or retail Elevator Buildings, Vacant Buildings, Lots,
Taxpayers, Mixed-use, Free Market Rents, Coop/Condo Package, SRO, Development Walk up,
Hotel, Investor, Townhouse, or brownstone We know buyers who are interested.
A building needs to meet certain criteria including but not limited to a good cap rate,
vacant or full occupancy, long term leases, and sale prices should reflect area.
These buyers are looking in specific areas of NYS for specific NY Commercial Properties within New York.
• Location:
Manhattan, NY, NY
• Post ID: 37322946 newyork
