Apartment building, Manhattan, New York, USA

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Apartment building, Manhattan, New York, USA

$7,651,000
$4,016 /m²
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  • Total area
    1,905 m²
  • Yield
    4.9%
Details
Property parameters
  • 5-floor building
Financial performance
  • Annual income: $386,625
Tenants
  • Fully let
  • End of lease: 2017

A five-storey mixed-use building with a commercial unit and apartments.

Description

The total area of the building is 1,905 m².

The house consists of a commercial unit on the ground floor and of 8 two-room apartments.

Financial performance

Absolute annual income is 404,250 $.

The current yield is 4.9%.

Tenants

The commercial unit tenant is a retail store. A lease agreement is valid through November, 2017.

Location and nearby infrastructure

The property is located in Manhattan neighbourhood. Underground stations, shops, restaurants, museums, business centers and other amenities are within walking distance.

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