Property
| Ownership: | Mixed Use |
|---|---|
| Type: | Commercial |
| Area: | 2310 sq ft |
FinancialsPrice: $1,690,000
| Price: | $1,690,000 |
|---|
505 Park Ave, New York, NY 10022 Phone: +1212-252-8772 |
DescriptionRenovated 22 foot wide mixed use townhouse with two units over store. Both 3 bedroom/1 bath floor through apts are currently occupied paying below market rents with leases in place until 6/30/2015. Big upside potential at lease expiration. Turnkey office on the street level with additional finished basement. Office can be delivered vacant with all furnishings (desks, chairs, phones) for owner/operator or be delivered with solid tenant amenable to a 2 year lease @ $3700 mo. There are also developable air rights in place for additional square footage. 22ft X 100 Ft lot C2-4/R6A FAR 3.0 for a maximum BSF of 6600ft2. All interested parties should independently verify BSF using their architect, engineer and/or expeditor.
The property is located on Tompkins Ave, home to thriving new cafes, restaurants and boutiques - Sincerely, Tommy, Crocus, Bed Vyne Wine, The Bush Doctor Juice Bar, Common Grounds Coffee, Nippy Laven Fashions and Peaches Hot House. Von King Park and The Bedford -Nostrand G train a short distance away. Please note: The office may be shown by appointment during the week Mon-Fri 9am to 6pm, However the seller asks that only serious buyers be granted access to inspect the apartments after submitting offers.
Neighborhood
Renovated 22 foot wide mixed use townhouse with two units over store. Both 3 bedroom/1 bath floor through apts are currently occupied paying below market rents with leases in place until 6/30/2015. Big upside potential at lease expiration. Turnkey office on the street level with additional finished basement. Office can be delivered vacant with all furnishings (desks, chairs, phones) for owner/operator or be delivered with solid tenant amenable to a 2 year lease @ $3700 mo. There are also developable air rights in place for additional square footage. 22ft X 100 Ft lot C2-4/R6A FAR 3.0 for a maximum BSF of 6600ft2. All interested parties should independently verify BSF using their architect, engineer and/or expeditor. The property is located on Tompkins Ave, home to thriving new cafes, restaurants and boutiques - Sincerely, Tommy, Crocus, Bed Vyne Wine, The Bush Doctor Juice Bar, Common Grounds Coffee, Nippy Laven Fashions and Peaches Hot House. Von King Park and The Bedford -Nostrand G train a short distance away. Please note: The office may be shown by appointment during the week Mon-Fri 9am to 6pm, However the seller asks that only serious buyers be granted access to inspect the apartments after submitting offers. |
Sold
GREAT INVESTMENT - MIXED USED BUILDING FOR SALE AT 298 TOMPKINS AVENUE | BEDFORD STUYVESANT |
DescriptionRenovated 22 foot wide mixed use townhouse with two units over store. Both 3 bedroom/1 bath floor through apts are currently occupied paying below market rents with leases in place until 6/30/2015. Big upside potential at lease expiration. Turnkey office on the street level with additional finished basement. Office can be delivered vacant with all furnishings (desks, chairs, phones) for owner/operator or be delivered with solid tenant amenable to a 2 year lease @ $3700 mo. There are also developable air rights in place for additional square footage. 22ft X 100 Ft lot C2-4/R6A FAR 3.0 for a maximum BSF of 6600ft2. All interested parties should independently verify BSF using their architect, engineer and/or expeditor.
The property is located on Tompkins Ave, home to thriving new cafes, restaurants and boutiques - Sincerely, Tommy, Crocus, Bed Vyne Wine, The Bush Doctor Juice Bar, Common Grounds Coffee, Nippy Laven Fashions and Peaches Hot House. Von King Park and The Bedford -Nostrand G train a short distance away. Please note: The office may be shown by appointment during the week Mon-Fri 9am to 6pm, However the seller asks that only serious buyers be granted access to inspect the apartments after submitting offers.
Neighborhood
Renovated 22 foot wide mixed use townhouse with two units over store. Both 3 bedroom/1 bath floor through apts are currently occupied paying below market rents with leases in place until 6/30/2015. Big upside potential at lease expiration. Turnkey office on the street level with additional finished basement. Office can be delivered vacant with all furnishings (desks, chairs, phones) for owner/operator or be delivered with solid tenant amenable to a 2 year lease @ $3700 mo. There are also developable air rights in place for additional square footage. 22ft X 100 Ft lot C2-4/R6A FAR 3.0 for a maximum BSF of 6600ft2. All interested parties should independently verify BSF using their architect, engineer and/or expeditor. The property is located on Tompkins Ave, home to thriving new cafes, restaurants and boutiques - Sincerely, Tommy, Crocus, Bed Vyne Wine, The Bush Doctor Juice Bar, Common Grounds Coffee, Nippy Laven Fashions and Peaches Hot House. Von King Park and The Bedford -Nostrand G train a short distance away. Please note: The office may be shown by appointment during the week Mon-Fri 9am to 6pm, However the seller asks that only serious buyers be granted access to inspect the apartments after submitting offers. |
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.