18 Families (6 1 BRS and 12 Studios) plus upscale Commercial Tenant on 50' frontage on 7th Avenue (Busy street traffic) , plus Vacant Adjacent Lot. Rent roll approximately $485,000.00/year. Taxes approximately $22,000/year. (upscale store is paying a third of the RE taxes) Not rent controlled or rent stabilized. Tenants pay their own heat, electrical and water.
Listing ID: 1013399 Type: Townhouse Price: $8,500,000
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Broker. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent with designated agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. Broker actively supports equal housing opportunities.
