Цена за одни аппартаменты: $311.764
Cap Rate: 5.00%
Land Area: 0.05 AC
Всего 16 квартир на 6 этажах: 6 однокомнатных квартир с одним санузлом, 5 двухкомнатных аппартаментов с одним санузлом, 5 однокомнатных студио (с совмещённой кухней) и одним санузлом.
Investment Notes:
189 East 3rd Street is a 24' wide, 78' deep, mixed-use apartment building with 16 apartments on 6
floors. It is comprised of approximately 8,784 gross square feet on a lot measuring approximately
2,308 square feet. With 12 Rent Stabilized units, and 4 Free Market units, the building is primarily rent
regulated and is currently renting significantly under-market. The unit breakdown is as follows: 5 2BR
units, 6 1BR units, and 5 Studios. The gross annual income is $325,971, with a net operating income
of approximately $245,375. The building has a new gas boiler, new hot water heaters, electrical
upgrade, and bar has a buyout clause. As the rent levels for this building are significantly
under-market, it represents an excellent opportunity for an investor to realize significant upside in
Manhattan's fastest up and coming neighborhood.
189 East 3rd Street is a 24' wide, 78' deep, mixed-use apartment building with 16 apartments on 6
floors. It is comprised of approximately 8,784 gross square feet on a lot measuring approximately
2,308 square feet. With 12 Rent Stabilized units, and 4 Free Market units, the building is primarily rent
regulated and is currently renting significantly under-market. The unit breakdown is as follows: 5 2BR
units, 6 1BR units, and 5 Studios. The gross annual income is $325,971, with a net operating income
of approximately $245,375. The building has a new gas boiler, new hot water heaters, electrical
upgrade, and bar has a buyout clause. As the rent levels for this building are significantly
under-market, it represents an excellent opportunity for an investor to realize significant upside in
Manhattan's fastest up and coming neighborhood.
