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SIX STORY RENOVATED MIXED USE LOWER EAST SIDE

Lower East Side, Manhattan, New York, NY, USA

Borough Location

Manhattan

Type

Mixed Use

Price

$12,950,000


eXp Commercial - William Adams

eXp Commercial - William Adams

Property Description

A 50’ wide 21 unit six (6) story renovated mixed- use building. The building has three stores on the ground floor and twenty-one apartments above. Each floor has four apartments they are a mixture of one and two bedroom units. Each unit is individually metered, the tenants pay there own electric and gas for cooking. New Laundry room, intercom system, new gas boiler, new courtyard and common areas. The property is also in a opportunity zone which has big capital gains benefits.

This is a prime investment opportunity because the units are free market with short term leases. Since the building is renovated an investor will save on capital improvements. The building is close to Delancey Street which has all the fine retail stores.

Additional Information

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