This property is Off-Market

352 East 55th Street
New York, NY 10022 ·

4 Units · Multifamily For Sale

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352 East 55th Street

Price N/A Property Use Type Investment
No. Units 4 Cap Rate 5%
Building Size 4,640 SF No. Stories 4
Property Type Multifamily Lot Size 2,000 SF
Property Sub-type
Duplex/Triplex/Fourplex
More...
  • Garden/Low-Rise
Listing ID: 17002613 Date Created: 01/31/2011 Last Updated: 11/03/2013

Description

A 20' wide six unit four (4) story mixed use building. The property has a store on the ground floor and basement, which is a duplex unit. Both spaces have access to the back yard and to the front of the building. Floors two through four have two apartment per floor located to the front and back of the building. The front units are studios, the back units are one bedroom apartments. The apartments and common areas are in good condition, all the units are individually metered for gas and electric. All the utilities gas boiler, water heater, electric meters are in the basement and are new. The property has fire escapes to the front and back. The building is a prime user opportunity. A commercial user can use the space for a restaurant, art gallery or any other retail use. A user can also convert the store into a duplex garden apartment. The building is also a prime development opportunity because of the 15,360 square feet of air rights which can be used to build apartments.

Mid Town East

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352 East 55th Street, New York, NY 10022 (New York County)

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Kervin Vales's Other Listings

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