Calling All Investors, Developers, & End-Users!!! 100% Occupied 13 Unit Mixed-Use Building In Manhattan For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B/R7A/C1-5 Zoning, 8 Free Market Apartments, High 8' Ceilings, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of New York City Between 2nd Ave. & 3rd Ave. Only 6 Blocks From The FDR Drive!!! Neighbors Include Chase Bank, Citibank, Bank of America, NYU Langone, USPS, UPS, WholeFoods, Target, Best Buy, Staples, Walgreens, Ace Hardware, Trader Joe's, IHOP, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Tokyo Mama: $88,418.04 Ann.; 3% Ann. Inc.; Lease Exp.: 7/31/30. Apt. 1: $51,600 Ann.; Lease Exp.: 4/30/27. Apt. 2: $27,102.84 Ann.; Lease Exp.: 12/31/26. Apt. 3: $49,200 Ann.; Lease Exp.: 2/28/28. Apt. 4: $48,000 Ann.; Lease Exp.: 3/31/27. Apt. 5: $49,200 Ann.; Lease Exp.: 7/31/27. Apt. 6: $42,000 Ann.; Lease Exp.: 12/31/26. Apt. 7: $48,000 Ann.; Lease Exp.: 10/31/26. Apt. 8: $49,200 Ann.; Lease Exp.: 12/31/26. Apt. 9: $50,400 Ann.; Lease Exp.: 10/31/26. Apt. 10: $12,000.60 Ann. Apt. 11: $24,204.24 Ann.: Lease Exp.: 10/31/27. Apt. 12: $9,951.72 Ann.; Lease Exp.: 2/28/28. Gross Income: $549,277.44 Ann. Expenses: Fuel: $11,169.24 Ann. Electric: $1,297.16 Ann. Water & Sewer: $12,247.78 Ann. Insurance: $11,428 Ann. Maintenance & Repairs: $11,431.02 Ann. Taxes: $107,350.14 Ann. Total Expense: $154,923.35 Ann. Net Operating Income (NOI): $394.354.09 Ann.
| MLS # | 1024440 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 108 |
| Listing Provided By | All Island Estates Realty Corp | Richard Matt Shane |
| SQ Feet | 9,180 |
|---|---|
| Units | 13 |
| Zoning | R8B |
| Acreage | 0.05 |
| Cooling | None |
|---|---|
| Heating | Hot Water, Oil |
| Construction Materials | Brick, Frame |
|---|
| Parking Features | On Street |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 1001700 |
| Tax Annual Amount | 121601.28 |
| State | NY |
|---|---|
| County | New York (Manhattan) |
| City | New York (Manhattan) |
| Zip Code | 10003 |
| Listing VS Median (in 10003) | |
Price: $9,999,000 low | high Med: $943,944 sqft: 9,180 low | high Med: 18,496 $ / sqft: $1,089 low | high Med: $725 On site: 108 low | high Med: 155.5 | |
| State | NY |
|---|---|
| County | New York (Manhattan) |
| City | New York (Manhattan) |
| Zip Code | 10003 |
| Listing VS Median (in 10003) | |
Price: $9,999,000 low | high Med: $943,944 sqft: 9,180 low | high Med: 18,496 $ / sqft: $1,089 low | high Med: $725 On site: 108 low | high Med: 155.5 | |