π’ 2 MULTIFAMILY BUILDINGSπ’
30 Total Units! 1 Building Vacant!
π¨HOT DEAL IN Manhattan’s Hell's Kitchenπ¨π¨
Breakdown Click Here:
Building 1:
15 Units Total
9 Units Occupied
6 Vacant Units
Total Sqft: 10,641
Building 2 :
15 Units Total ALL VACANT
Total Sqft: 8,932
ASKING PRICE: $6.5M
PROJECTED ANNUAL REVENUE
Building 1: $468,084
Building 2: $442,488
PROJECTED TOTAL ANNUAL REVENUE
COMBINED: $910,572
CLICK TO VIEW Actuals/ Projections/Unit
Breakdowns
CALL QUENTIN OR SEND A
TEXT FOR MORE INFO
732-217-7388
π·βοΈπ°π₯
π PROPERTY DETAILS π
This offering presents an excellent opportunity to purchase or ground lease two adjacent multifamily properties on a quaint residential block in the heart of Manhattan’s Hell’s Kitchen. The two five-story properties combine to have over 53’ of frontage.
Building 2 is currently entirely vacant making it a prime opportunity for a substantial rehabilitation project. Through this Sub-Rehab program, a new investor can immediately gut-renovate the building and bring almost all the units to market rate rents.
The buildings combined are comprised of 30 total residential units, 15 in each address. They are configured with a mix of studios, 1-beds, 2-Beds, and 3-Beds. These assets are largely vacant and primed for an investor to complete a successful value project.
The two buildings are nestled along this tranquil, tree-lined block in Midtown West, just steps from some of the city’s biggest attractions. To the immediate east is the famous Restaurant Row, followed by the Theatre District and Times Square. To the north are Columbus Circle and Central Park and to the south are Port Authority and Hudson Yards..
CALL QUENTIN OR SEND A
TEXT FOR MORE INFO
732-217-7388
π·βοΈπ°π₯
Disclosure:
The property is under a legally binding purchasing contract with the Seller giving this company exclusive rights to purchase the property. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or contact the owner will result in legal action.
The property is sold As-Is, Where-Is. The seller has no knowledge or any seller's disclosures on the property. Buyer should perform their due diligence and make their assessments. Buyer assumes all risk. Buyer responsible for ALL closing costs!!!
JOINT VENTURE?π€
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Call or text Deavon at 732-217-7388 or email the deal & info to Sales@sendflip.com
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