+44 20 3608 1267

Apartment house in Manhattan with a 4% yield

9,430,000 €
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Total area: 273 m² Yield: 4.0%
  • Absolute return: 359,946 €
  • Land area: 137 m²
  • 4-floor building
  • Total apartments: 3

It is an apartment house with retail space in Manhattan, NYC.

Description

The four-storey building area of 273 m² situated on a plot of 137 m².

There is a retail premise on the ground floor which is leased out to the neighborhood bar, the rest floors host 3 loft apartments.

The apartments have been recently renovated. Each apartment has high ceilings, the second and fourth floors both have skylights allowing great natural light.

Financial performance

Absolute income is 399,940 $.

The current yield of 4%.

Location

The house is located in the center of the developing district, popular among both investors and tenants.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Manhattan
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