Calling All Investors, Developers, & End-Users!!! 5.43 Cap 100% Occupied 22 Unit Apartment Building In The East Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B Zoning, 5 Free Market Apartments, High 9’ Ceilings, Skylight, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of Manhattan Just 2 Blocks From The FDR Drive!!! Neighbors Include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, Dunkin’, Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!!

Income:

Apt. BA: $26,734.68 Ann.; Lease Exp.: 3/31/27.

Apt. BC: $26,280 Ann.; Lease Exp.: 4/30/27.

Apt. 1A: $25,847.88 Ann.; Lease Exp.: 8/31/26.

Apt. 1B: $31,500 Ann.; Lease Exp.: 8/31/26.

Apt. 1C: $33,300 Ann.; Lease Exp.: 2/28/27.

Apt. 1D: $25,705.44 Ann.; Lease Exp.: 8/31/26.

Apt. 2A: $32,700 Ann.; Lease Exp.: 11/30/26.

Apt. 2B: $30,900 Ann.; Lease Exp.: 1/31/27.

Apt. 2C: $16,975.68 Ann.; Lease Exp.: 6/30/26.

Apt. 2D: $25,836.36 Ann.; Lease Exp.: 7/31/26.

Apt. 3A: $31,800 Ann.: Lease Exp.: 8/31/26.

Apt. 3B: $27,600 Ann.; Lease Exp.: 5/31/26.

Apt. 3C: $17,625.721 Ann.; Lease Exp.: 1/31/27.

Apt. 3D: $21,250.92 Ann.; Lease Exp.: 3/31/28.

Apt. 4A: $29,209.80 Ann.; Lease Exp.: 8/31/26.

Apt. 4B: $27,284.04 Ann.; Lease Exp.: 5/31/26.

Apt. 4C: $24,068.64 Ann.; Lease Exp.: 7/31/26

Apt. 4D: $32,400 Ann.; Lease Exp.: 1/31/27.

Apt. 5A: $29,046 Ann.; Lease Exp.: 4/30/27.

Apt. 5B: $30,096 Ann.; Lease Exp.: 5/31/28.

Apt. 5C: $20,400 Ann.; Lease Exp.: 11/21/25.

Apt. 5D: $25,956.60 Ann.; Lease Exp.: 5/31/26.

Gross Income: $592,517.76 Ann.

Expenses:

Fuel: $8,106.39 Ann.

Electric: $1,432.96 Ann.

Water & Sewer: $8,525.84 Ann.

Insurance: $11,463.61 Ann.

Maintenance & Repairs: $13,182.29 Ann.

Taxes: $128,695.85 Ann.

Total Expense: $171,406.94 Ann.

Net Operating Income (NOI): $421,110.82 Ann. (5.43% Cap!!!)