Manhattan Newly Renovated Mixed Use Bldg for Sale
Mixed Use | 7.00% CAP | 15,000 SF
Marketing description
Newly renovated
Elevated building for Sale
Building consists of six apartments (Studio) and one store.
New electrical and new plumbing
Has additional 7400 sq. ft. of air right for redevelopment
Annual income from apartments:
$4500 x 6 x 12 = $324,000
Annual income from restaurant retail: $25000 x 12 = $300,000
Total rental income is $500,000
Net income is $300,000
Please contact Exclusive listing broker:
Hotel Real Estate Group Simon Lou
President / CEO
445 Park Av 9th Floor New York NY 10022
M: +1 917 328 3611
E: hotel107@aol.com
Investment highlights
Newly renovated
Elevated building for Sale
Building consists of six apartments (Studio) and one store.
New electrical and new plumbing
Has additional 7400 sq. ft. of air right for redevelopment
Annual income from apartments:
$4500 x 6 x 12 = $324,000
Annual income from restaurant retail: $25000 x 12 = $300,000
Total rental income is $500,000
Net income is $300,000
Please contact Exclusive listing broker:
Hotel Real Estate Group Simon Lou
President / CEO
445 Park Av 9th Floor New York NY 10022
M: +1 917 328 3611
E: hotel107@aol.com
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