An excellent investment opportunity — a six-story, sun-filled townhouse featuring a private garden, common rooftop, and a prime location between 2nd and 3rd Avenues. The building offers approximately 3,800 SF across four residential units, along with a laundry room and storage room. Delivered with a clean title, no violations, and a four-family Certificate of Occupancy, qualifying the property for attractive residential loan programs and favorable financing rates. Approved architectural plans and active permits are in place for a potential value-add upgrade.
• As is cap rate 5%, pro forma cap rate 8%
• 100% free market
• Gross 3800 sf
• The Certificate of Occupancy (CO) is a four-family home.
• Allows for residential -financing.
• Clean Title and No Violations.
• All Tenant leases included a 90-day termination clause.
3,920 Sq Ft
900 Sq Ft Exterior Space
Multi Family
$26,850 Annual Tax
Built in 1920
MLS/Listing ID RLS20023494
City View
Common Area
Building Roof Deck
Style - Prewar
Pets Allowed
Listing Courtesy of APT212 INC, JOHN O MOSS C - 212-380-1375
Source of Data: REAL ESTATE BOARD OF NEW YORK
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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