Apartment building, Manhattan, New York, USA

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Apartment building, Manhattan, New York, USA

9,500,000 $
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Total area: 710 m² Yield: 4.1%
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Features
  • Operating Incomе: 332,057 €

Apartment building with retail units on the ground floor.

Description

The house consists 16 studio apartments and 2 commercial premises, one of them is currently vacant.

All apartments have new hardwood floors, stainless steel appliances and marble baths.

There is a possibility to expand retail spaces on the ground floor.

Financial performance

The cost of the property is $ 9,500,000.

Absolute annual income is $ 387,157.

The current yield of 4.1%. 

Tenants

The tenant of the first retail space is a laundromat.

Location and nearby objects

The house is located in the center of the East Village. This area is the birthplace of many trends in literature, art and music. There are many galleries, bars, nightclubs and bookstores here.

Public transport stops, metro stations, a park, cafes and restaurants are situated not far from the building.

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Enquire about this apartment building
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 3% annually
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