New York, NY 11203

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,100,000
Annual Taxes:$20,129.68
Listing Courtesy of Douglas Elliman Real Estate

INVESTOR SPECIAL MASSIVE UPSIDE POTENTIAL.

Description

INVESTOR SPECIAL – MASSIVE UPSIDE POTENTIAL. - Brick and Stucco - 6 Unit Apartment Building Home delivered as is. There are current tenants living in units. Current rents are significantly below market value, providing a prime "value-add" opportunity for an investor to stabilize and increase the rent roll over time. Building features over 5500 sq. ft. of living space plus a full-height basement. Sold strictly AS-IS. No representations will be made regarding the delivery of vacant units; buyer to perform their own due diligence regarding tenancies and lease terms. Tenants are month-to- month This is a fully occupied 6unit apartment building, please do not disturb tenants. No Access... Price reflects.. Please text or email the listing agent for info. Improvements are new heating system, hot water heaters, sewer line, some windows and new gas meters. New fully renovated basement. Home currently well maintained.

Amenities

  • Cable - Available

Long Island MLS

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.