Brand New 8-Story East Harlem Mixed Use Building

New York, NY

For Sale

$19,000,000

OVERVIEW

LOCATION:
, New York, NY 10029

Neighborhood: East Harlem

Asset Type: Mixed Use

Square Feet: 24,655

Stories: 8

Residential Units: 20

Commercial Units: 1

 

Description

Built in 2013, this 8-story elevator building with 20 apartments and store has approximately 24,655 SF. Sellers hired attorneys to look into the 421a and will share the report with the potential buyer. Tenants pay for heat and air condition. Owner pays for water. There is a common area/ deck on the 8th floor.

 

Brand New Construction.

 

  • There is a 3-bdrm( penthouse) apartment with access to the roof

  • There is a common area roof deck on the 8th floor

  • There is 4.5% cap in place

  • Tenants are all professionals

  • Great commercial tenant

 

Nearby Transportation

Near the 110th Street Station on the [6] train.