Mixed Use - East sixty second street mixed use townhouse

Published on September 20, 2022
Modified on September 20, 2022
Published by jazz
Viewed by 2 people
#1163
3750000.00 $US

Description of item



Asking: $3,750,000

Renovated mixed-use townhouse prime upper east side.

3-units (1-commercial + 2-residential).

Perfect 1031, future owner/user + income, live + work.

Fully leased ~$184k in-place NOI.

New bldg. systems, floors, roof, appliances, bathrooms & kitchens.



Sale Price: $3,750,000
Year Built: 1910
Property Type: Multifamily
Building Size (SF) 3,360 SF
East 62nd Street, a turn-key renovated four-story mixed-use townhouse. Located on the north side of East 62nd Street between First and Second Avenues, on the border of prime Sutton Place and Lenox Hill neighborhoods in Manhattan. The property features a ground floor commercial unit and two free-market residential units above. The units are newly renovated and feature new floors, kitchens, stainless-steel appliances, washer/dryers and marble bathrooms. One residential unit features a private outdoor patio, and the other is duplexed. The property is 100% leased offering significant in-place cashflow. Tenants pay their own heat, electric and hot water offering minimal operating expenses and a great opportunity for a 1031-buyer, future user buyer or first-time Manhattan buyer.

Highlights
FULLY LEASED.
FREE MARKET.
NEWLY RENOVATED.
PERFECT 1031 / FUTURE USER.

Location

Country
United States
Region
New York
City
new york
Address
East 62nd Street