2004 built, 421a stabilized property. Management has updated leases for 2023 with increases. Well maintained 8 unit property, mix of program and cash tenants. Legal rents are over $1700 per unit. Rent Roll is in the listing. Tenants have updated program vouchers or in the process. This is a safe and stable purchase with 8 years remaining on the tax abatement and the ability to go to Free Market rates at that time.
Features
16 bedrooms
8 bathrooms
6942 sq. ft. floor area
crop_free2160 sq. ft. lot size
cottageMulti-Family
Happy sellers in New York
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Local market activity for 16 bedroom multi families in New York
Sold
For Sale
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