Price
$25,500,000
Property Description
A 50’ wide 5-unit six story elevatored commercial building. The
property has two stores on the ground floor, floors two through six
are floor-through commercial units. The units have 14’ ceilings on
the ground and second floor, 13’ ceilings on the third and fourth
floors and 12’ ceilings on the 5th and 6th floors. They have nice
expose brick, pine wood floors, new bathrooms. The units are all
open spaces that have windows on three sides and get great sunlight.
Additional Information
The new owner also has the option of doing a condo conversion to
the building. They can sell off the office spaces each for $1,200 a
foot which would pay for the building and sell the store as their profit
or keep it for income.
The building is located in an area that has high foot traffic with a
strong demand for retail and office space. The F train is located on
East Broadway & Rutgers Street, the B and D train is on Grand &
Chrystie Street, Seward Park is close by.