Portfolio of apartment buildings, New York, USA

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Portfolio of apartment buildings, New York, USA

$30,000,000
$16,666 /m²
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  • Total area
    1,800 m²
  • Yield
    4.2%
Details
Property parameters
  • 5-floor building
Financial performance
  • Annual income: $1,094,574

Two apartment buildings with commercial premises on the ground floor.

Description

Total area of the property is 1,800 m².

Four- and five-storey buildings.

The property includes 3 commercial premises and 25 apartments.

The buildings include 9 studios and 15 one-bedroom apartments.

Financial performance

The cost of the property is 30,000,000 $.

Absolute annual income is 1,273,494 $.

The current yield of 4.2%.

Tenants

One commercial unit is leased till 2029.

Two another are vacant.

Location and nearby infrastructure

The property is located in one of the most prestigious and expensive areas of New York — the Upper East Side.

There are metro stations and bus stops near the property.

Restaurants, shops, a wellness center, Central park and a college are situated in a walking distance from the buildings.

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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