Description
Rare chance for an Investor to purchase a block of nine apartments for a fraction of the open market value! Eight are occupied and one of the two bedrooms is vacant. Located in a beautiful 85 unit art-deco 1930's co-operative building situated in the heart of the trendy Upper West Side, the bulk sale consists of five 2 BR/2 Bathroom homes one of which has a wrap terrace, three one bedroom/one bath homes and a studio. The majority are on high floors with excellent light and views. All are spacious with wonderful layouts, beamed ceilings, herringbone floors and other prewar details. Seven of the units are presently occupied by rent-stabilized tenants and the remaining two by rent-controlled tenants. The monthly rent roll is currently $8212. This building has a part-time doorman, a live-in super and laundry and bike rooms. Don't miss this tremendous opportunity! Call us for more financial information.
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