Description

7 Unit Fully Leased New Development
175 Skillman is your opportunity to buy an exceptionally built brand-new investment property with immense upside potential.
Perfect building for condo conversion: Unique loft-style condo-quality units make 175 Skillman effortlessly stand out from every other new development and highly desirable to buyers & renters alike.
Every detail has been carefully designed and executed with maximum returns in mind using soaring ceilings and private outdoor spaces for each unit to max out income potential while staying within the buildable sqft.
Every unit is unique making 175 Skillman ideal for an array of end users with different wants and needs in their new homes.
-Two penthouse duplexes with double height ceilings each boast their own massive private roof decks with unobstructed NYC views
-Two lower units also get their own private roof decks with the same unobstructed NYC views
-Two ground floor duplexes have access to sizable private yards
-Some lower units also boast balconies while another has nearly double height ceilings
-Every unit is flooded with natural light and boasts private outdoor space, washer/dryer in unit, dishwasher, central air, red oak hardwood floors, White Carrara quartz counter tops & imported Italian solid wood cabinetry
-Basement area features additional storage spaces for residents
Impeccably built & fully leased building is being offered close to cost to buy/develop while being completely turnkey & giving immediate returns with an NOI of +$248k.
Contact listing agent for more details and offering memorandum.
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Building Features 4 Floors7 Units

intercom
courtyard
laundry
pet friendly
roofdeck
storage
View all 6 building features

Unit Features

terrace
balcony
Pet Policy: Pets allowed

$6,400,000 / $5,333 per ft²

Listed on Jun 29, 2021

33 Days on Market

9 Beds / 9.0 Baths / 1,200 ft²

Total Monthly expenses: $3,100

Maintenance: - / R.E. Taxes $3,100

Other Details:

Exclusively listed with: Compass Source: RLS

Paula Manna

paula.manna@compass.com

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Listing Courtesy of Compass View Listing

Unit listing history

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