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Listing Courtesy of Compass
$12,998,000
Est. payment /mo
20 Beds
20 Baths
8,214 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,214 sqft
Price per Sqft $1,582
Subdivision Hudson Yards
MLS Listing ID RLS20039872
Style Walk-Up
Bedrooms 20
HOA Fees $8,000/mo
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $164,304
Property Sub-Type Multi Family
Property Description
This is a RARE Investment OPPORTUNITY to own a fully occupied rental building. The building, which is well run, is in walking distance to the Hudson Yards, with all its amenities, shopping and restaurants. The building is nestled between many new buildings on 36th street and just around the corner from the long-established Glass Farmhouse Condo along with the Baryshnikov Arts Center on West 37th.
The property is a 25 ft wide, 6 story fully occupied building that was built in 1900. It currently has 24 rental apartments. Each apartment is a studio and 2 of the ground floor units share outdoor space. Several units have been renovated; The basement is well maintained with all updated utilities.
This could also be a great New Development opportunity. There is only one rent stabilized apartment and the remaining 23 apartments command fair market rent. Zoning permits the add on of more floors to the building. There is 6,639 ft of unused buildable area.
The Zoning is: R8A
Building sqft: 8,214
Lot dimensions: 25' x 98.75'
Building dimensions: 25' x 51.
Rent Roll, Income and Expenses available upon request.
The property is a 25 ft wide, 6 story fully occupied building that was built in 1900. It currently has 24 rental apartments. Each apartment is a studio and 2 of the ground floor units share outdoor space. Several units have been renovated; The basement is well maintained with all updated utilities.
This could also be a great New Development opportunity. There is only one rent stabilized apartment and the remaining 23 apartments command fair market rent. Zoning permits the add on of more floors to the building. There is 6,639 ft of unused buildable area.
The Zoning is: R8A
Building sqft: 8,214
Lot dimensions: 25' x 98.75'
Building dimensions: 25' x 51.
Rent Roll, Income and Expenses available upon request.
Location
State NY
County New York
Interior
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
Private Pool No
Building
Story 6
New Construction No
Others
Ownership None
Monthly Total Fees $21, 692
Pets Allowed Building No, No
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RLS Data display by ACLM Group