Apartment building with commercial premises on the ground floor.
Description
The building was completely renovated in 2013.
The accommodation units include 3 bedrooms and 2 bathrooms each.
Equipment
- high ceilings
- laundry
- large windows
Cost of the facility: 10,495,000 $.
Absolute annual income: 467,940 $.
Current yield: 4,5%.
All premises except the fifth floor are leased:
Commercial units lease agreement is valid until 30.06.2019.
The property is located in the Upper East Side, which is one of the most expensive and prestigious residential areas of New York.
The area has the largest number of museums, elite cafes and cultural centers.
The area is famous for its good infrastructure for families with children, thanks to its proximity to Central Park, Riverside Park, first-class schools and lots of entertainment for children.
Public transport stops, a metro station, a park, shops and restaurants are situated in a walking distance from the building.