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3 STORIES COMMERCIAL BUILDING FOR S... for sale in New York City, NY

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3 STORIES COMMERCIAL BUILDING FOR SALE PRIME CHELSEA-MANHATTAN LOCATION/18,750 SQ FT BUILDABLE ZONING C6-3
Main Photo
Location: Manhattan, NY
Amazing income producer all commercial 3 stories building prime Chelsea/Manhattan building,with all separate utilities for all the 3 units,great condition building with rooftop recreation area,all units with amazing loft lay-out.

Great development opportunity to built approx. 19,000 sq ft residential building with commercial overlay.

Building Description

Construction- Brick/Completely attached

Property Dimensions 25 ft x 98.75 ft

Building Dimensions 25 ft x 94 ft

3 Stories

Year built 1930

Zoning R9 / C 6-3




Annual Gross Income $ 330,000

Property Taxes $ 55,100/year

1st Fl tenant pays 50% of the annual taxes.

All utilities are separate and paid by the tenants.



Expenses:


Property Taxes $ 55,100-Tenant Pays 50 % of taxes $ 27,550

Insurance 6,000/year

PLP 800/Year

Sewer $ 5000/year


Total Expenses $ 39,350/year

Net Operating Income $ 290,650/Year



Information
Contact Information
Pricing
Price: $13,999,000.00
Property Location
525 W 29 street
Manhattan, NY 10001
View Map
Features
Units: 3
Bedrooms: 2
Bathrooms: 3
Year Built: 1930
Parking Spaces: 0
Square Footage: 7185
Lot Size: 2500
Floors in Bldg: 3
School District: 4
Broker: Papp realty
Agent Name: Romero Papp
Separate Meters: Yes
Attributes
Building Amenities
Central A/C
Central Heat
Storage Area
Security system
Smoke alarms
Interior Amenities
Hardwood Floors
Refrigerator
Stove/Oven
Granite Counter tops
Vaulted Ceilings
Exterior Amenities
Back Yard
Patio
Fenced
Photo Gallery
All information in this site is deemed reliable but is not guaranteed and is subject to change


  • Price: $13,999,000
  • Bedrooms: 2
  • Bathrooms: 3
  • Square Feet: 7,185

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