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Real Estate for Sale: New York, US, Pre-War loft building up for sale - Manhattan

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Pre-War loft building up for sale

Asking Price: $9,700,000
Location: Manhattan
City: Manhattan
State/Province: New York
Country: US
Type: Business

DESCRIPTION:
Pre-War loft building; 10-floors; 1-unit per floor.
3rd- 10th floor have six months leases.
Condo plan has been prepared and is almost ready for submission to attorney general.
LOCATION:
Awesome location.
One block north of union square.

Access to the 4, 5, 6,N, Q, R, W and L subway trains. Between 5th Avenue
ASKING PRICE: $9,700,000
LOT SIZE: 24? X 94?
BUILT: 24? X 93?
BUILDING SIZE: 18,310 SQ.FT
ZONING: M1-5M
FAR: 5.0
GROSS INCOME: $513,168.00
OPERATING EXP: $109,975.00
N.O.I: $403,193.00
REAL ESTATE TAX: $75,000.00
WATER& SEWER: $ 5,175.00
INSURANCE: $ 6,300.00
ELECTRIC: $ 3,000.00
ELEVATOR: $ 3,400.00
CLEANING: $ 3,600.00
HEATING OIL: $13,500.00
- EAST 18TH STREET RENT ROLL:
FLOOR TYPE RENT
FIRST Commercial Store* $4,250.00
SECOND Rent Stabilized** $2,205.00
THIRD Six month lease; fair market $5,500.00
FOURTH Six month lease; fair market $5,000.00
FIFTH Six month lease; fair market $5,800.00
SIXTH Rent stabilized $ 809.00
SEVENTH Six month lease; fair market $5,700.00
EIGHTH Six month lease; fair market $5,200.00
NINTH Six month lease; fair market $5,600.00
TENTH Six month lease; fair market $2,200.00
Only Serious Inquiries,No Brokers
~~~~~~~~~

E-Mail: jannahbin2@juno.com

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Real Estate for Sale: New York, US, Pre-War loft building up for sale - Manhattan
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