Arch Equities
Arch Equities
Listed by Arch Equities
$10,250,000
332 Bowery
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building, Restaurant
Square Footage 8,000
Units 5
NOI $505,000
Pro-Forma Cap Rate 5.75%
Year Built 1915
Year Renovated 2005
Buildings 1
Stories 4
Lot Size (SqFt) 2,507
Zoning C6-1
Investment Type Value Add
Mixed Use | 8,000 SqFt
Marketing description
All Free Market, tax class protected, carriage house that extends to full lot (2R). Upside on apartment rents/common area upgrade. Brand new retail tenant (Soothr) with a 10 year lease
Listing Contacts
Arch Equities
Arch Equities
Listed by Arch Equities
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$505,000.00
$42,083.33/mo
Valuation Metrics
0
DSCR
4.93%
Cap Rate
4.93%
ROI
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