Apartment building of 6 residential units.
Description
The apartment house includes 5 floors + basement.
- Basement: 32.5 m²
- 1st-5th floor: 86.5 m² each
Cost of the facility: 8,750,000 $.
Absolute annual income: 481,200 $.
Current yield: 5,5%.
Apartments on the second, third and fifth floors are rented.
The property is located in the Lower East Side. This is a historical area of New York with brick houses with old fire escape stairs and narrow streets. The traditional architecture is combined here with modern shops, restaurants and design studios.
Bus stops, metro stations, parks, cafes, a cinema and a sports field are situated not far from the building.
There are some of the city's best attractions, such as the Soho area with art galleries, museums, nightclubs and bars and Nolita nearby.
The area provides a huge selection of cafes and restaurants with cuisine from different countries.