- 30,665,000 $
- 4.7% yield
- Upper East Side Apartment building $10,495,000
- Basic parameters
- Photo
№ 1,766,328
Apartment building 186 m² in Upper East Side
$10,495,000
$56,424 /m²
- Apartments —
- Yield 4.5%
- Constructed —
- Price per key —
Key project parameters
- Total area
- 186 m²
- Floors
- 5
Project description
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
Tenants
- Agreement
- n/a
All premises except the fifth floor are leased:
Commercial units lease agreement is valid until 30.06.2019.
Financial performance
- Yield
- 4.5%
Cost of the facility: 10,495,000 $.
Absolute annual income: 467,940 $.
Current yield: 4,5%.
Location and nearby infrastructure
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.
More properties
If this ad doesn't suit you, have a look at the other apartment buildings for sale in Upper East Side.
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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