Prime Manhattan Location.


Property

Website:https://www.nestseekers.com/5462508
Address:
New York, NY 10016
Ownership: For Sale
Type: Multi-Family

Financials

Price:$4,550,000
Annual Taxes:$48,963

Description

Prime Manhattan Location. Proven Demand. Delivered Vacant. One-of-a-kind investment opportunity in Central Manhattan. Key takeaways include: - Cap Rate 5% - Ideally located just two blocks from multiple subway lines - Surrounded by food markets, restaurants, and everyday conveniences. - A major hospital is only one block away, making this property especially attractive to hospital staff - Consistently strong rental demand with minimal vacancy. Each apartment is equipped with split systems providing both heating and air conditioning for year-round comfort. The building features newly installed hot water boilers and a recently upgraded electrical system, offering peace of mind for investors. Additional amenities include a coin-operated washer and dryer conveniently located in the hallway for tenant use. Property can be delivered vacant, providing flexibility for repositioning, owner occupancy, or lease-up at current market rents. Will sell fast!

Amenities

  • Cable - Available
  • Cable Connected
  • Electricity Available

Contact

594 Broadway, New York, NY 10012, USA
Listing Courtesy of Beyond Property Group