Highlights

• FOR SALE Low Money Down!!! Once in lifetime buying opportunity!!! Sweat Equity hands-on operator deal
• Asking Price previously was $12,400,000 ALL CASH but Reduced slashed down to:
• Only $360,000 security deposit 10 to 30-YEAR Triple Net LEASEHOLD rent base starting at $360,000 per year 100% controls beautiful Manhattan building.

• Terms available only to pre-qualified experienced hands-on owner/operator/manager/renter upon request.
• 2008 Gross Rental Income Prior to this recession was: $ 604,716
• Long Term Future Projected Potential Annual Income: $812,000 to $7 million in 30 years

Description

This is up to a 30 year leasehold opportunity to have complete control of this 6 story brick walk up apartment building plus basement containing 22 one bedroom 375 Square foot apartments plus 2 three bedroom newly and completely beautifully renovated with 2 bathrooms each containing approximately 750 square feet.

EAST THIRD STREET, MANHATTAN, New York City 10003
(Between First Avenue and Second Avenue)
TRENDY, HOT, EAST VILLAGE SECTION OF MANHATTAN
Unprecedented historic rental appreciation at this location!
Now is your chance to grow a rent roll for up to the next 30 years with only a small low cash $360,000 REFUNDABLE SECURITY DEPOSIT plus contribute your sweat equity.