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11/11/2017
New York, New York
United States

Manhattan East Side Building for Sale General Dentist $6,500,000
Manhattan East Side Building for Sale Six-story building All units are free market, floor-thru, four bedroom/two bathroom apartments. This is a Multi-Family walk-up building, located on 31st street between 2nd and 3rd Avenue. The owners have been occupying the 4,000 SF duplex on the Ground + 1st floor since they bought the building. Floors 1 and 2 are built 20 ft x 100 ft and zoned community facility-perfect for a dentist. Floors 3-6 are built 20 x 70 ft. Each unit on the top 4 floors are each 1400 SF. The building can be delivered vacant. Because the building is vacant, the annual income is conservatively projected at $483,600. Floors 3-6 paid an average of $6700/mo last year. This asset is great for all types of investors including 1031 buyer's, foreign buyers, and end users who would occupy the first two floors and rent out the other four units. Due to the near completion of the 2nd Avenue Subway, this asset will appreciate tremendously. 31st street is a quiet block with a movie theatre just a half a block away. It is a 4 minute walk to the 6 train www.usdentalpractices.com/listings/manhattan-east-side-building-for-sale

Ad ID # : 30771