Building
| Type: | Low-rise |
|---|---|
| Era: | Post-war |
| Floors: | 6 |
Property
| Ownership: | Rental Property |
|---|---|
| Rooms: | 40 |
| Bedrooms: | 20 BR |
| Bathrooms: | 12 |
| Pets: | Pets No |
FinancialsPrice:$5,500,000Real estate tax:$9,445
DescriptionThis well-maintained 12-unit building stands as a testament to diligent upkeep, with key structural and mechanical systems such as the façade, parapet, gas lines, roofing, and lead compliance all thoroughly maintained. All major components are current, minimizing deferred maintenance.
The 12 units, while similar in size, offer a variety of 1-, 2-, and 3-bedroom layouts, appealing to a diverse tenant population and allowing for rental flexibility. Recently, four free-market apartments have been upgraded with in-unit washer/dryers, adding convenience for tenants and enhancing rental value.
The pro forma Net Operating Income (NOI) is dependable, derived from conservative projections for increases in free-market unit rents and confirmed rental growth for rent-stabilized apartments. With full occupancy, no arrears, and no outstanding issues, this property represents a turnkey investment opportunity.
Amenities- Washer / Dryer
- Voice Intercom
- Walk-up
Neighborhood
This well-maintained 12-unit building stands as a testament to diligent upkeep, with key structural and mechanical systems such as the façade, parapet, gas lines, roofing, and lead compliance all thoroughly maintained. All major components are current, minimizing deferred maintenance. The 12 units, while similar in size, offer a variety of 1-, 2-, and 3-bedroom layouts, appealing to a diverse tenant population and allowing for rental flexibility. Recently, four free-market apartments have been upgraded with in-unit washer/dryers, adding convenience for tenants and enhancing rental value. The pro forma Net Operating Income (NOI) is dependable, derived from conservative projections for increases in free-market unit rents and confirmed rental growth for rent-stabilized apartments. With full occupancy, no arrears, and no outstanding issues, this property represents a turnkey investment opportunity.
- Washer / Dryer
- Voice Intercom
- Walk-up
Neighborhood
This well maintained 12 unit building stands as a testament to diligent upkeep, with key structural and mechanical systems such as the fac ade, parapet, gas lines, roofing, and lead ...
DescriptionThis well-maintained 12-unit building stands as a testament to diligent upkeep, with key structural and mechanical systems such as the façade, parapet, gas lines, roofing, and lead compliance all thoroughly maintained. All major components are current, minimizing deferred maintenance.
The 12 units, while similar in size, offer a variety of 1-, 2-, and 3-bedroom layouts, appealing to a diverse tenant population and allowing for rental flexibility. Recently, four free-market apartments have been upgraded with in-unit washer/dryers, adding convenience for tenants and enhancing rental value.
The pro forma Net Operating Income (NOI) is dependable, derived from conservative projections for increases in free-market unit rents and confirmed rental growth for rent-stabilized apartments. With full occupancy, no arrears, and no outstanding issues, this property represents a turnkey investment opportunity.
Amenities- Washer / Dryer
- Voice Intercom
- Walk-up
NeighborhoodMore listings:
This well-maintained 12-unit building stands as a testament to diligent upkeep, with key structural and mechanical systems such as the façade, parapet, gas lines, roofing, and lead compliance all thoroughly maintained. All major components are current, minimizing deferred maintenance. The 12 units, while similar in size, offer a variety of 1-, 2-, and 3-bedroom layouts, appealing to a diverse tenant population and allowing for rental flexibility. Recently, four free-market apartments have been upgraded with in-unit washer/dryers, adding convenience for tenants and enhancing rental value. The pro forma Net Operating Income (NOI) is dependable, derived from conservative projections for increases in free-market unit rents and confirmed rental growth for rent-stabilized apartments. With full occupancy, no arrears, and no outstanding issues, this property represents a turnkey investment opportunity.
- Washer / Dryer
- Voice Intercom
- Walk-up
NeighborhoodMore listings:
RLS Data display by Nest Seekers LLC.
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.
