Listing Details

Gramercy Park Building

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Listing Details:

Listing ID#: 4967

Property Type: Building

Area: Gramercy Park

Price: $45,000,000

Property Information:

Rooms: 0

Bedrooms: Building

Bathrooms: 1

Apartment Features:

(No apartment features listed)

Building Features:

(No building features listed)

Description:

3 BUILDINGS ATTACHED: SELLER WILL HOLD 2nd MORTGAGE Plot Size: 40’ x 92’ (336) Built: 40’ x 82’ (336) 50’ x 92’ (340) 50’ x 78’ (340) 50’ x 92’ (346) 50’ x 78’ (346) Zoning: 6C4 (336) 6C1 (340-42) 6C1 (344-348) Description: Three (3) six-story walk-up buildings. Total apartments: 76 Reno’d common areas and New Bldg Systems

INCOME: 26 apartments (a building) $961,184 25 apartments (b building) $962,341 25 apartments (c building) $935,081 $2,858,606 EXPENSES: Taxes (09/10) $ $232,135 (Estimated) Water/Sewer $51,135.00 Payroll (non-union) $15,000 Fuel (Oil#2) $59,000 Insurance $21,000 Utilities $7,500 Total Expenses $385,770 ESTIMATED NET PROFIT: $2,472,836

rent roll available by reqest call hannah 646-320-2795

Hannah Cohen-Akoka

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Cell: (646) 320 2795
Phone: (646) 320-2795
Fax: (212) 422-1784
hcohen@urban-sanctuary.net