Description

OFFER ACCEPTED, with Backups. This is a longterm investment property ONLY. It is and will continue to be indefinitely occupied by a rent-controlled tenant. There are no viable options available to end his tenancy. However, the roomy 1-Bedroom apartment is a diamond-in-the-rough and could, one day in the distant future, be a West Village gem. Currently it is in poor condition but the layout and orientation are great. It is a 3rd floor walkup, approx 450-475 SF, in a small coop building, thus a board application and approval process are required. With the current tenant, assuming an all-cash transaction, the cash flow is currently positive and may increase with time. Send me your email address for more specific details. Current prospective purchaser has until Sep 15 to sign a Contract of Sale and then we will go to our back up offers. Apartment Features : Decorative, South, Garden Full, Prewar Detail, Hardwood Floors, Excellent Light Building Features :
View More

Building Features 5 Floors20 Units

intercom

Unit Features

fireplace

$171,000 / $285 per ft²

Sold: Nov 23, 2010

3.64% above ask / 57 Days to Sell

1 Bed / 1 Bath - / 600 ft²

Total Monthly Expenses: -

Exclusively listed with: Douglas Elliman Real Estate

Marjorie Dybec

mdybec@elliman.com

212-727-6136

Listing Courtesy of Douglas Elliman Real Estate

Unit listing history

Date Status Amount Listed by Owner Name
Loading History...