Legal three family with tenants paying all utilities except water and insurance.


Property

Website:https://www.nestseekers.com/5663780
Address:
New York, NY 10467
Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 5
Lot Size: 0.0 Acres

Financials

Price:$1,200,000
Annual Taxes:$6,378

Description

Legal three-family with tenants paying all utilities except water and insurance. The top two units are three-bedroom, two-bath units. The ground-floor level unit is a two bedroom two bath. Property includes a gated driveway for convenient parking. Landlord is willing to VACATE all three units. Current tenants are cash-paying month-to-month. Gross Potential rent of $116,016 calculated using present Sec 8 amounts paid with no utilities paid by the landlord; 3BR = $3,454; 2BR = $2,760. Kitchens and bathrooms are in good condition. The top two floors have pleasant forward-facing balconies as well. Three separate gas boilers and meters. 4 electric meters, one for each tenant and one for the common area. Total city-recorded building sq. footage is 3,444. Less hallways and stairs total apartment sq. footage is approximately 3,050 broken down as follows; 3BR's = 1.050sq. ft. and 2BR = 950sq. ft.. These are large sq. footage units with big bedrooms that accommodate king-size beds and additional furniture. R5 zoning.

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Sidewalks
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty NYC Grp