38 West 87th St

38 West 87th Street (1082852)Replace all Web copy with the following and also change Realplus rent roll: SIZE: 20 x 101
BUILT: 20 x 72 including 3 story extension
LOCATION: Between Central Park West and Columbus Avenue
BLOCK: 1200
LOT: 150
ZONING: R7-2
LANDMARK: Yes
SIZE: 6,300 sq. ft. (approx.)
ASKING PRICE: $5,450,000
REAL ESTATE TAXES (09/10): $45,270
DESCRIPTION: If you want to create your own 20-foot wide single family dream home on a Central Park West block, 38 West 87th Street is the only such townhouse available today. Configured as 10 apartments on short term leases, plans have been created for a new 6,300 sq. ft. single family home and they are included with the sale. Current rent roll below.

Layout and Current Rents:

Apartment - Description - Current Rent - Lease Expiration

1A - Studio, 1 Bath - $1,500 - 10.15.10
1B - 1 Bedroom, 1 Bath - $2,500* - Vacant
2A - 1 Bedroom, 1 Bath - $1,800 - 8.31.10
2B - 1 Bedroom, 1 Bath - $2,300 - 5.31.11
3A - 1 Bedroom, 1 Bath - $2,300 - 4.30.10
3B - 1 Bedroom, 1 Bath - $2,500 - Month to month
4A - 1 Bedroom, 1 Bath - $1,800 - 4.30.11
4B - 1 Bedroom, 1 Bath - $2,000 - 3.31.11
5A - 1 Bedroom, 1 Bath - Friend - Month to Month
5B - 1 Bedroom, 1 Bath - $1,800 - 5.31.11

EXPENSES

Real Estate Taxes (09/10):$49,600
Water/Sewer: $2,400
Gas & Electric: $1,200
Oil Heat: $12,000
Insurance: $9,000
Super: $3,000

Total Annual Expenses (approx): $77,200