Description
Six Pre war class A apartments in a Townhouse in the middle of Manhattan! Free Market rents. Amazing Opportunity in Hell's Kitchen. Close to the new Hudson Yards, Times Square and Rockefeller Center. Semi-detached building has a beautiful Mediterranean style facade on a great block, across from the Luxurious Stella Condominiums on West 50th street between 9th and 10th Ave. it can be multi-family, hotel or single family. This solid building can be DELIVERED VACANT and includes approx. 5200 gross square feet across the 6 floors including fully built, generously windowed basement office space with central air. Updated mechanical, 4 separate gas fired boilers and hot water tanks. The building features exposed brick, fire places, penthouse roof deck , rear yard and windowed finished basement. C5 Zone, the great zoning allows for conversion to a boutique hotel and/or condominium. The building allows for 3800 sq. ft. of air rights(approx.. total 9000 sq. ft. buildable) . The building has been updated with new windows, doors, floors and kitchens in apartments. Projected Income $216/yr. Estimated expenses $62k/yr.
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