2011 Lexington Avenue / Townhouse
Address: 2011 Lexington Avenue / Townhouse
Price: $905,000
Maintenance: N/A
Tax: $1400 / annual
Contact:
Name:
Justin S. Parks, CEO
Tel: 646.454.9100 | 917.450.5634
Mail: [email protected]
4 story mixed use building in flourishing East Harlem. Just blocks from the new Marriot Hotel. This 2500 sq ft property has three (1) bedroom floor through rental units of approximately 600 sq ft a piece, (1) retail space and storage cellar. Retail space is currently a flourishing cabinet business which may be sold as well. Expenses: Taxes: $1400, Gas/Elec$178 / mo, oil Fuel $1100, Ins $1100. Income: $66,000 rent roll from all 3 units / all units occupied plus retail. Recent improvements include a new boiler, new 60 gallon hot water heater, new electric and new sprinkler system. Retail facade and apartment entrance lobby was just redone with high end porcelain. Apartments are getting all new granite countertops and cabinets prior to sale. Lot behind the building is currently being developed as a city park.






