The subject property is a 7 story, mixed use elevator building on the corner of Buchanan Place and Davidson Avenue. Built in 2020, the building spans 18,014 square foot and consists of one retail unit, eight studio units, ten (1) bedroom units and seven (2) bedroom units. The structure is built 50' by 62' and sits on a 50' by 100’ R7-1 zoned lot. The property benefits from a 35-year 421a tax abatement that expires in 2056. The property is located within a half mile of the 4, B and D Subway lines, giving an investor the ability to capitalize on the commuting tenant market.
18,014 Sq Ft
5,000 Sq Ft Lot Size
commercial
$389 Annual Tax
Built in 2020
MLS/Listing ID 972311
26 Units
Construction - Stucco
Construction - Brick
Cooling - Wall/window unit(s)
Heating - Natural Gas
Parking - Parking Lot
Public Sewer
Public Water
TOTAL MONTHLY COST
$0
$0
$0