Ten units and two retail spaces for sale in Upper West Side
Ten-unit building with two retail spaces, with five free-market units
Marketing description
Amazing opportunity to purchase an investment property consisting of ten units building with two retails spaces, with 5 units free market and five units rent stabilized in Uptown Manhattan, only five minutes to Columbia University.
The property features the following:
*Building size 25x80
*Lot size 25x100
*Zoning R8A/C2-5
*Residential FAR6.02
*Available FAR 5,950 square feet
*Approximately interior square feet 9,105
*Five story walk-up apartment building
*Full basement
* Five units - 3 Bedrooms - FREE MARKET
* Five units - 1 Bedroom - RENT STABILIZED
* Two retail spaces with approximately 320 square feet each space
The entire building is leased.
Investment highlights
*Annual gross residential income $331,721
*Annual gross retail income $74.043
*Estimated annual expenses $137,880
*Estimated annual net income $267,884
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