🏒30 UNITS! Hell's Kitchen! 2 Buildings! 1 Building Completely VACANT! Manhattan!

New York County, New York, NY, 10036 view full address
Expired
Listed at: April 25th, 2024
Price
$6,500,000
Sq. Footage
19573
Type
Multifamily
Parking
On street
Year build
1910
Lot size
0.06 acres
Bedrooms
42
Bathrooms
30
Half Bathrooms
0
Summary

🏒 2 MULTIFAMILY BUILDINGS🏒
30 Total Units! 1 Building Vacant!

 

🚨HOT DEAL IN Manhattan’s Hell's Kitchen🚨🚨

 

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

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🏠 PROPERTY DETAILS 🏠

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

πŸ‘·‍β™‚οΈπŸ’°πŸ”₯

 

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?🀝

 

Need help moving a deal??

 

Leverage over 4 million cash buyers nationwide on cartel mode.
Call or text Deavon at 732-217-7388 or email the deal & info to Sales@sendflip.com

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
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