Four-Story Commercial Building for Sale in Prime Manhattan East Side Location
Property Location
212 East 52nd Street
Manhattan, NY 10022
Features
Total Square Footage: 6,400
Lot Size: 2,007
Property Type: Commercial
Contact Information
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Romero Papp
718-316-7199Papprealty.com
Papprealty.net
Papprealty.net
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Four-story commercial building for sale in prime East side Manhattan location!
The property consists of four commercial units with a partial basement and an elevator. All units are leased with 5+ years left on the lease. Tenants pay all utilities separate.
Lot dimensions ----------------------- 20 ft by 100.42 ft
Building dimensions ----------------- 20 ft by 96 ft
Available FAR air rights to build --- 1,626 Sq ft
Gross annual income ---------------- $438,696
Total annual expenses -------------- $144,203
Total net income -------------------- $294,493
Cap rate:4.36%
The property consists of four commercial units with a partial basement and an elevator. All units are leased with 5+ years left on the lease. Tenants pay all utilities separate.
Lot dimensions ----------------------- 20 ft by 100.42 ft
Building dimensions ----------------- 20 ft by 96 ft
Available FAR air rights to build --- 1,626 Sq ft
Gross annual income ---------------- $438,696
Total annual expenses -------------- $144,203
Total net income -------------------- $294,493
Cap rate:4.36%