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Four Stories Commercial Building For Sale In Prime Midtown East Side $6,750,000

$900
, 0

Description

Four story Commercial building for sale in prime East side Manhattan location.The property consists of 4 stories commercial units with a partial basement and an elevator.All units are leased with 5 years left on the lease.Tenants pay all utilities separate.Lot dimensions 20X100.42Building dimensions 20X96Available FAR air rights to build 1626 Sq ft.Gross Annual Income $519,623Total yearly expenses $184,468Tax reimbursed $56,788Net yearly operating income $391,943Cap rate 5.6

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