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Commercial Midtown West

Web ID 31228

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Sung Kwon
Sales Associate
Mobile: 646-267-0034
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Bryant Park area, Commercial building , for future boutique hotel ! M1- 6, 13,400sf space, for $12,000,000 firm

38th St NY, NY 10018
New York NY 10018
Cross street: 5-6th Ave
Floor: 5th



Location - Central Midtown
Cross street - 5th and 6th Ave.
Area square foot - 13,400sf
Lot size - 37.5x100
Block & Lot - 840-21
Zoning - Manufacture, commercial, Hotel, M1-6
Stories - 5 story
Remodeled entrance
Sale price - $ 12,000,000
Rent for entire building - $50.000/M
Buildable sf - 47,500sf
Far -10
Height limit - None
Air Right - yes

Feature

* Ground floor-2 retail stores, one office
* 2nd floor -3 offices
* 3,4,5 floor -2 offices in each floor, connected in rear
* 5th floor has 2 large sky light in each office
* Each office has 2 bathrooms
* Basement - 2,500sf with 2bath

Expense

Tax - $6,5000/year
Matenance(water,heating,maintnance) - $7,000/year

Income

Total of $44,450/month

* 1st floor :  east side store -   $8,200(with basement)
                    north side office -   $ 2,200(1st year)

                     west side store -  $8,000
* 2nd floor : east side office -  $3,150(1,600sf)
                     west side office -  $3,150
                    south side offise - $3,150
* 3rd floor ; east side office -   $2,400(first year, 1,600sf)
                     west side office -  $2,400(first year, 1,500sf)
* 4th floor :  east side office -   $2,400(first year, 1,600sf)
                     west side office -   $2,400(first year,1,500sf)
* 5th floor :  east side office -    $3,500(first year,1,600sf)
                     weest side office - $3,500(first year,1,500sf)

* for other listings : www.sungkwon.com
Price: $12,000,000

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Property
Ownership:For Sale
Type:Commercial
Floor:5th
Bathrooms:13
Pets:Unknown
Area:13400 sq ft
Lot Size:37100 sq ft


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

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