$ 10,588,000
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$10,588,000
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About the Listing CBE01 - 176463
Calling All Investors, Developers, & End-Users!!! 5.21 Cap 100% Occupied 22 Unit Apartment Building In The East Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B Zoning, 5 Free Market Apartments, High 9’ Ceilings, Skylight, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of Manhattan Just 2 Blocks From The FDR Drive!!! Neighbors Include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, Dunkin’, Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Apt. BA: $26,734.68 Ann.; Lease Exp.: 3/31/27. Apt. BC: $26,280 Ann.; Lease Exp.: 4/30/27. Apt. 1A: $25,847.88 Ann.; Lease Exp.: 8/31/26. Apt. 1B: $31,500 Ann.; Lease Exp.: 8/31/26. Apt. 1C: $33,300 Ann.; Lease Exp.: 2/28/27. Apt. 1D: $25,705.44 Ann.; Lease Exp.: 8/31/26. Apt. 2A: $32,700 Ann.; Lease Exp.: 11/30/26. Apt. 2B: $30,900 Ann.; Lease Exp.: 1/31/27. Apt. 2C: $16,975.68 Ann.; Lease Exp.: 6/30/26. Apt. 2D: $25,836.36 Ann.; Lease Exp.: 7/31/26. Apt. 3A: $31,800 Ann.: Lease Exp.: 8/31/26. Apt. 3B: $27,600 Ann.; Lease Exp.: 5/31/26. Apt. 3C: $17,625.721 Ann.; Lease Exp.: 1/31/27. Apt. 3D: $21,250.92 Ann.; Lease Exp.: 3/31/28. Apt. 4A: $29,209.80 Ann.; Lease Exp.: 8/31/26. Apt. 4B: $27,284.04 Ann.; Lease Exp.: 5/31/26. Apt. 4C: $24,068.64 Ann.; Lease Exp.: 7/31/26. Apt. 4D: $32,400 Ann.; Lease Exp.: 1/31/27. Apt. 5A: $29,046 Ann.; Lease Exp.: 4/30/27. Apt. 5B: $30,096 Ann.; Lease Exp.: 5/31/28. Apt. 5C: $20,400 Ann.; Lease Exp.: 11/21/25. Apt. 5D: $25,956.60 Ann.; Lease Exp.: 5/31/26. Gross Income: $592,517.76 Ann. Expenses: Fuel: $8,106.39 Ann. Electric: $1,432.96 Ann. Water & Sewer: $8,525.84 Ann. Insurance: $11,463.61 Ann. Maintenance & Repairs: $13,182.29 Ann. Taxes: $128,695.85 Ann. Total Expense: $171,406.94 Ann. Net Operating Income (NOI): $421,110.82 Ann. (5.21% Cap!!!)
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Oil
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $121,601
- Taxes w/Assessments: N/A
- Tax/Property ID: 0464-0033
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
240 E 9th St New York (Manhattan), NY 10003
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