Description
For Investors:
Asking Price $410,000.00
Monthly Common Charges $801.40
Projected Monthly Rent $2,700.00
Gross Annual Rental Income $32,400.00
Net Annual Operating Income $22,783.20
Gross Annual Cap Rate 7.90%
Net Annual Cap Rate 5.56%
Dating to 1929, this historic Gothic Revival building features an intricately designed facade and a grand lobby with artful stained glass windows and dark wood accents. The very convenient location is in the heart of Midtown Manhattan, but set on a tranquil tree-lined street directly across from the privately owned Tudor City Park and Garden. There is a full-time doorman and on-site amenities include a roof deck with stunning Midtown views, a garden, fitness room, laundry room, bike room and common storage. The Midtown office district and vibrant restaurant scene of First and Second Avenues steps away, and nearby Grand Central Station providing rapid transportation anywhere in New York.
Building Features 23 Floors443 Units
Unit Features
$410,000
Last Asking: Jul 02, 2022
Studio / 1 Bath - / - ft²
Total Monthly Expenses: $801
Exclusively listed with: Compass
Danielle Stout
danielle.stout@compass.com
(347) 433-5558
Unit listing history
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