Andrew Brenta
This listing was posted on RealtyWW.
$7,695,000
Home For Sale In New York, New York
Price:
$7,695,000
BR/BA:
10+ BR, 10+ BA
Location:
323 E 90th St Unit 123456, Manhattan, NY
Description:
This property offers a reliable source of income with potential for growth!Ideal investment opportunity in one of Manhattans established and stable rental markets, this 1915 5-story walk-up building is situated on a serene tree-lined street. The property is currently configured as follows:- Total Gross Square Footage: 9, 813 (25 feet wide, 70 feet deep)- Lot Size: 25 100.67 feet (Block 01553-0014)- Above Grade: 8, 605 square feet- Ground Floor: 1, 313 square feet- Available Air Rights: 1, 460 square feet- Rear Yard: 750 square feetThis property is comprised of 12 residential units, 11 of which are free-market rentals. The unit breakdown is as follows:- 2 Studios- 2 Duplex 2-Bedroom Units with private access to the rear yard- 8 2-Bedroom UnitsUsing the air-right, the top-floor apartments can be converted into duplexes, and the two ground floor duplex units could potentially be converted into four studios, resulting in a projected total of 14 units.Building is very well maintained: a new boiler has recently been installed and the roof was renovated in 2017323 East 90th Street offers investors the opportunity to acquire a well-maintained multifamily building in a strategically advantageous location. With a strong rental rebound following the COVID-19 pandemic and the potential for value-add development options, there is significant cash flow in place with room for further growth. The projected rent roll is $465, 000.Conveniently positioned near the Q Line 86th Street subway station on 2nd Avenue, as well as the 4/5/6 subway stations on Lexington Avenue, the property provides easy access to transportation. It is also within close proximity to Carl Schurz Park, Whole Foods, and Central Park.The superintendent does not live on-site.For more details: https://realtyww.info/homes_new-york-r782074/for-sale_i71659385
Similar Listings
-
SHEEPSHEAD BAY Bright, spacious 1,000 square foot 2-bedroom, 1 bath co-op with new laminate floors, newly painted, large eat in kitchen with window, lots of closets in secure well-kept building close to public transportation, shopping and schools.... -
Marine Park/Sheepshead Bay Large 3 bedroom 2 bathroom apartment. Both bathrooms were renovated and are in a great shape. Renovated kitchen with dining room offers Caesarstone Quartz countertops and stainless steel appliances. Living room is very s...
-
$1,725,000 4282 Ocean Ave-**OPEN HOUSE 4/14/24 1-3 PM****
3 BR · 3,060 sq. ft. · Single Family · Brooklyn, NY
MANHATTAN BEACH OCEAN FRONT CHECK OUT THE VIEWS 1 family brick detached side hall colonial, 3 bedrooms 2 baths + finished basement,3/4 bath. This home features spacious eat in kitchen with Sub Zero Refrigerator, Viking Stove, Mele dishwasher and r...
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Home For Sale In New York, New York
Home For Sale In New York, New York is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 323 E 90th St Unit 123456 in Manhattan NY. Find other listings like Home For Sale In New York, New York and listings near 323 E 90th St Unit 123456 by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Manhattan NY.
Home For Sale In New York, New York is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 323 E 90th St Unit 123456 in Manhattan NY. Find other listings like Home For Sale In New York, New York and listings near 323 E 90th St Unit 123456 by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Manhattan NY.