- Mixed-Use Free-Market Investment Property NA IBINIBENTA sa puso ng masiglang East Harlem sa Hilagang Kanlurang Sulok ng East 105th Street at 2nd Avenue
- 12 Residential Units sa itaas ng Commercial Space (kasalukuyang inuupahan ng isang Mexican Restaurant na nagbabayad ng mahigit $130k taun-taon sa pagitan ng base rent, kontribusyon sa buwis, at reimbursements ng utility)
- Ang mga Residential Apts. ay binubuo ng 3 magkaibang layout na may 4 na magkaparehong yunit bawat isa: studio alcove, one-bedroom, at one-bedroom na may home office
- Perpektong oras para mamuhunan sa lugar na ito ay ngayon dahil ang paparating na extension ng 2nd Avenue subway hanggang 125th Street ay magpapasiklab sa ari-arian at magpapa-gentrify ng doble
- Mayroong Live-In Super at maingat na pinanatili sa mga nakaraang taon
- Ang mga kamakailang pagpapabuti sa loob ng nakaraang 4 na taon ay kinabibilangan ng: (1) mga upgrade ng boiler (2) pagpapalit ng bubong at waterproofing (3) mga pag-renovate ng lobby at hallway (mga bagong tile na sahig at kompletong muling pagpipinta ng mga metal na hagdang-hagdang, mga pinto ng apt, kisame at mga pader) (4) mga bagong ilaw (5) mga bagong kusina, banyo, at pinabuting mga sahig na oak sa loob ng mga piling yunit (6) bagong EIFS/Stucco at Waterproofing na sistema ng harapan sa gilid at likuran (7) brick repointing at power-washing
- Ang gusaling ito ay sumailalim din sa Alteration Type I Permit noong 2022 para sa pag-alis ng mga bintana sa lot line upang ihanda para sa bagong 25k buildable na karagdagang site (na pag-aari din ng parehong nagbebenta na nasa merkado at handang makipag-ayos para sa package deal para sa parehong gusali at lote). Magtanong sa listing broker
- Sa mahigit $260K NOI, isang hinihinging cap rate na humigit-kumulang 7%, at mga kamakailang pagpapabuti na ginawa sa nakaraang 4 na taon, ito ay handa nang ipasa sa bagong mamumuhunan na may presyo na madaling ibenta
- Ang setup sheet ay available sa kahilingan na naglalarawan ng gross rent roll, mga gastos sa operasyon, at net income
- Ang nagbebenta ay mayroong karatig na development site sa 2047 na ibinibenta na may humigit-kumulang 25k buildable na kasama ang air rights mula sa gusaling ito at handang gumawa ng package deal (karagdagang impormasyon ay available sa kahilingan)

- Mixed-Use Free-Market Investment Property FOR SALE in the heart of vibrant East Harlem on the Northwest Corner of East 105th Street & 2nd Avenue
- 12 Residential Units above a Commercial Space (currently being occupied by a Mexican Restaurant paying over $130k/annually btwn base rent, tax contribution, and utility reimbursements)
- Residential Apts. consist of 3 different layouts with 4 identical units each: studio alcove, one-bedroom, and one-bedroom with home office
- Perfect time to invest in this neighborhood is now since the upcoming 2nd Avenue subway extension up to 125th Street will make this property explode & gentrify twofold
- Live-In Super and carefully maintained throughout the years
- Recent improvements within the last 4 years include: (1) boiler upgrades (2) roof replacement & waterproofing (3) lobby & hallway renovations (new tile floors & complete re-painting of metal pan stairs, apt entry doors, ceilings & walls) (4) new lighting (5) new kitchens, baths, & refinished oak floors inside of select units (6) new EIFS/Stucco & Waterproofing facade system on side & rear (7) brick repointing & power-washing
- this building also underwent an Alteration Type I Permit in 2022 for the removal of lot line windows to make ready for new 25k buildable adjacent development site (also owned by same seller on the market and willing to do a package deal for both building & lot). Inquire with listing broker
- With over $260K NOI, an asking cap rate of approx. 7%, and recent improvements done over the last 4 years this is turnkey to the new investor making it priced to sell
- Setup sheet available upon request depicting gross rent roll, operating expenses, and net income
- Seller also has the adjacent development site at 2047 for sale with approx. 25k buildable including air rights from this building and willing to do a package deal (further information available upon request)