...

Investment-Income Producing-Commercial & Residential-14-15th St $5,250,000 Chelsea

Investment-Income Producing-Commercial & Residential-14-15th St

,250,000

                        Chelsea
Location: new york city


image 1 of 1

Advertisements

Investment-Income Producing-Commercial & Residential-14-15th St

$5,250,000

                        Chelsea

8th Ave near 14 Street


4BR / 2Ba


4269ft2

available now

license info:
George @ shell Realty

QR Code Link to This Post

Investment -Income Producing Property – Commercial & Residential

3.92 % Cap Rate
Located in Chelsea near the meatpacking district
on the east side of 8th Avenue between West 15th Street and
West 14th Street, one block from Google headquarters.
Property is primarily a 2-Family with One Store on the
Grod Floor and 2 Residential its above.
Built in 1901. Perfect for user investor. Currently 2 tenants,
1 Commercial and 1 Residential. Fully Occupied.
Commercial Unit – Pay-O-Matic Store – Monthly Rent $15,457 / Annual $185,490.40 –
Lease Expiration 11/13/2029 plus 5-year option renewal
Residential Unit – Monthly Rent $5,200 / Annual $62,400 – Lease Expiration 06/30/2025
Total monthly income $20,657 / Total annual income $247,890. Total Annual Operating Expenses – ($32,392)
NOI: $215,498 Annually
Contact: 9 1 7 – 2 8 4 – 5 9 2 0

post id: 7815239587

posted: 2025-01-03 09:38

updated: 2025-01-19 04:15



[?]

Source link

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.