Apartment building, Manhattan, New York, USA

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Apartment building, Manhattan, New York, USA

$9,914,000
$3,938 /m²
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  • Total area
    2,517 m²
  • Yield
    5.0%
Details
Property parameters
  • 6-floor building
Financial performance
  • Annual income: $503,927

A six-storey building with apartments.

Description

The total area of the building is 2,517 m².

The building underwent gut renovation in 2016, common areas were repaired and mechanicals were updated.

The property consists of 8 four-room and 4 three-room apartments. All of them feature spacious kitchens equipped with granite counter-tops, washing machines, oak floors and recessed lighting.

Financial performance

Absolute annual income is 533,718 $.

The current yield is 5%.

Location and nearby infrastructure

The property is located in one of Manhattan neighbourhoods. Two underground stations, shops, bars, restaurants, parks and other amenities are within walking distance.

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    Head of Sales
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