Offer Accepted with contracts going out.
Showing for back up only until contracts sign.
Reach out for more info if interested.
During due diligence with current offers we uncovered additional Approved Rent Increases for Capital Improvements that will boost the cash flow. also over the last couple weeks they have been working on upgrades to the market rate units which have bumped their projected market value as well. Rare that more time and more questions uncover more value but this is a lucky case for the next owner.
Sensational Deal on the Marcus!!!
Great Cap RATE over 9.6%
Please Call to request full financials
Single Family Home
$2,706 Monthly Maintenance/CC
$13,572 Annual Tax
Built in 1909
MLS/Listing ID 23351716
Buyer’s Agent Compensation: 2.5%
The Marcus
5 Stories
8 Units
Bike Room
Laundry
Pets Allowed
Central Air Conditioning
Park View
JOHN SANTULLI - 212-337-6180
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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