www.nestseekers.comWebID: 31228

Bryant Park area, Commercial building , for future boutique hotel ! M1- 6, 13,400sf space, for $12,000,000 firm

38th St NY, NY 10018
(5-6th Ave)
Midtown West


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 ...
Financials
Price: $12,000,000
Property
Ownership:For Sale
Type:Commercial
Floor:5th
Bathrooms:13
Pets:Unknown
Area:13400 sq ft
Lot Size:37100 sq ft
Contact
Sales Associate
Mobile: 646-267-0034

Sung Kwon
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