4 Stories commercial building for sale in Midtown Manhattan
Hospitality
Marketing description
212 East 52nd Street New York is situated in the most desirable and impressive corridor in Manhattan with an abundant pedestrian traffic with tourists from all over the world and situated near all icons attractions such as Saint Patrick Cathedral, Waldorf Astoria, Central Park, etc.
Walking distance to all subway lines.
Amazing opportunity 4 stories commercial building for sale in Midtown Manhattan.
The property offers a great investment with four commercial tenants in place.
The building features the following:
* First floor a japanese restaurant
* Second floor a japanese club
* Third floor a beauty spa
* Forth floor a restaurant
* Elevator
Lot size 20X100.42
Building size 20x96
Zoning R8B
Retail square feet 6,400
Residential FAR 4
Unused FAR 1,626
Gross Annual Income $501,842
Annual expenses $151,295
Net Operating Income $362,431
Investment highlights
212 East 52nd Street New York is situated in the most desirable and impressive corridor in Manhattan with an abundant pedestrian traffic with tourists from all over the world and situated near all icons attractions such as Saint Patrick Cathedral, Waldorf Astoria, Central Park, etc.
Walking distance to all subway lines.
Amazing opportunity 4 stories commercial building for sale in Midtown Manhattan.
The property offers a great investment with four commercial tenants in place.
The building features the following:
* First floor a japanese restaurant
* Second floor a japanese club
* Third floor a beauty spa
* Forth floor a restaurant
* Elevator
Lot size 20X100.42
Building size 20x96
Zoning R8B
Retail square feet 6,400
Residential FAR 4
Unused FAR 1,626
Gross Annual Income $501,842
Annual expenses $151,295
Net Operating Income $362,431
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