96 Avenue C

A FABULOUS OPPORTUNITY HAS JUST BECOME AVAILABLE TO PURCHASE A VACANT INVESTMENT PROPERTY in the most vibrant neighborhood in New York City the East Village. Located in the Vicinity of Tompkins Square Park and walking to distance to NYU & Cooper Union College. The four-story, brick, Semi-detached 6 family + retail space property has a brand new glass & steel facade.
There are NO rent-stabilized/rent-controlled units in this building.

The1st Floor features a 1300 Sq. Ft. vacant retail space (w/8ft hi ceilings) and a 387 sq. ft back yard, with full size basement and 6 feet high ceilings.
There are architecturally approved floor plans for the building. The 2nd, 3rd, & 4th floors consist of: three 450 Sq. Ft 1-bedroom units, two 755 Sq. Ft. 2-bedroom units and one 1155 Sq. Ft. 3-bedroom Duplex Penthouse with 12' high ceilings. Front and rear terraces and 2 balconies. There will be Washer/Dryer Hook-up available for all 2 and 3 bedroom units.

The entire building has brand new plumbing, electric, and heating/hot water system.
Projected Monthly Income is $31,550 and the projected Annual Income is $378,600. Annual Expenses are $14,440/yr