3-story, walk-up, multifamily building consisting of 6 residential units. It contains 5,627sq ft of gross building area. Contains 6 market rate residential units, 100% occupied. Based on the maximum effective residential FAR of 2.43 and a lot area of 3,025 square feet, 7,351 square feet of buildable area is permitted on site. Residential Units 6 Zoning R6 Site Area 3,025 sq. ft. GBA 5,627 sq. ft. Year Built 1910 Financial Effective Gross Income $172,800 Stabilized Residential Occupancy 96.00% Expense Ratio 22% Net Operating Income $135,104 Capitalization Rate 5.25%
Features
18 bedrooms
6 bathrooms
crop_free0.07 ac. lot size
cottageMulti-Family
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Local market activity for 18 bedroom multi families in New York
Sold
For Sale
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