Property
| Ownership: | Mixed Use |
|---|---|
| Rooms: | 8 |
| Bedrooms: | 4 BR |
| Bathrooms: | 4 |
Financials
Price:$2,200,000
Real estate tax:$1,666
Listing Courtesy of Charles Rutenberg, LLC
5 Family TownhouseRare mixed use townhouse featuring a ground floor deli and four residential apartments above, offering strong in place income with long term upside potential.
Description
5 Family Townhouse
Rare mixed-use townhouse featuring a ground-floor deli and four residential apartments above, offering strong in-place income with long-term upside potential.
The commercial space is occupied by an established deli with approximately three years remaining on the lease and built-in 5% annual escalations, providing steady cash flow and predictable growth.
Above the retail are four residential units .
This asset presents an attractive cap rate with immediate income and future value-add potential through strategic management of the residential component. Ideal for investors seeking stable cash flow in a classic New York mixed-use property with long-term appreciation potential. Call for more information.
Rare mixed-use townhouse featuring a ground-floor deli and four residential apartments above, offering strong in-place income with long-term upside potential.
The commercial space is occupied by an established deli with approximately three years remaining on the lease and built-in 5% annual escalations, providing steady cash flow and predictable growth.
Above the retail are four residential units .
This asset presents an attractive cap rate with immediate income and future value-add potential through strategic management of the residential component. Ideal for investors seeking stable cash flow in a classic New York mixed-use property with long-term appreciation potential. Call for more information.
Amenities
- Voice Intercom
- Walk-up
Neighborhood
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RLS Data display by Nest Seekers LLC.
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
