Description

Beautiful 5 story townhouse with just steps to Central Park West. Consisting of over ±6000 sq ft plus cellar. This 8 unit townhouse consists of 3 free market units and 5 rent stablized units.
Currently 2 of the 5 rent stabilized units are vacant. They are directly above the free market parlor floor 2 bedroom/2 bath totally renovated unit. Therefore, an owners duplex can be created, upon lease expiration, very easily by living on the second and third floors of the building. There would still be income from 5 other units of which 3 would be stabilized.
The current gross income is $216,000 and net $144,500 after expenses when fully leased. An investor could see a 3.4% cap return on this best park block purchase.
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Building Features 5 Floors8 Units

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Unit Features

Pet Policy: UnitNo, Building No

$3,800,000

Sold: Dec 01, 2021

-10.59% from ask / 107 Days to Sell

- Beds / 9 Baths - / - ft²

Total Monthly expenses: $4,169

Maintenance: - / R.E. Taxes $4,169

Other Details:

-

Lot Size: 19.0' x 100.67' Built: 19.0' x 57.0'

Zoning: -

Exclusively listed with: Sothebys International Realty

Michael
Sieger

michael.sieger@sothebyshomes.com

(917) 533-8599

Lars
Klingstedt

larsidol@gmail.com

(212) 579-9300

Listing Courtesy of Sothebys International Realty View Listing

Unit listing history

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