+44 20 3608 1267
Apartment house in Manhattan with a 3,8% yield

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Apartment house in Manhattan with a 3,8% yield

19,769,000 €
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Total area: 1,488 m² Profitability: 3.8 %
  • Absolute return: 720,000 €
  • Land area: 367 m²
  • 6-floor building
  • Total apartments: 20

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


It is a six-storey building area of 1,488 m² situated on a plot of 367 m².

The ground floor is occupied with retail unit and the other floors accomodate 20 apartments.

Most of the apartments are two-bedroom, however multiple apartment lines have the ability to be converted into three-bedrooms apartments.

The building features recently renovated common areas, a new boiler, and new electrical systems.

Financial performance

Absolute income is 818,185 $.

The current yield of 3,8%.


The retail unit is occupied by a clothing store.

The lease agreement is valid until March 2017.

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Sergey Sharovatov
Sergey Sharovatov
Investment Consultant
+44 20 3608 1267
Free advice on real estate in New York City
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