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Kinui Organization Inc.

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Cap Rate7%(純利益率)集合住宅ビル


$3,500,000.00
Location Features

Washington Hts
Manhattan, NY US

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Status: Available
Lot Size: 5225.00 Sq. Ft.
Living Area: 22840.00 Sq. Ft.
MLS ID#: 19445
Type: Apartment


Description
twenty four (24)unit, elevator, mixed use apartment building. Of the twenty four (24) units, three (3) are commercial and the remaining twenty one (21) are residential. five (5) two (2) bedrooms, nine (9) three (3) bedrooms, six (6) four (4) bedrooms, and one (1) five (5) bedroom apartment. Nineteen (19) of the units are rent stabilized, one (1) unit is rent control and one (1) unit is free market. The property benefits from its superior location just two (2) blocks from the A express train (at 168th Street) and its close proximity to the Columbia Presbyterian Medical Center. Upside is evident in its extremely low residential rents and it commercial components,


Residential Units: 21

Commercial Units: 3

Zoning: C2-4 / R7-2

Year Built: 1910

Building Sq Ft: 22840

Expenses
Total Annual Expenses: $145,833
Investment Information
Gross Annual Income: $382,801
Less Total Expenses: $145,833
Net Operating Income: $244,961
 
 

Michael Kinui
Kinui Organization Inc.
Office: 914-703-2578

Email: Mikekinui@gmail.com


The information presented here is deemed reliable, though not guaranteed.