1356-1358 First Ave | New York, NY 10021
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- LoopNet Team
1356-1358 First Ave
New York, NY 10021
Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- C1-9 Zoning: Maximum as-of right buildable area of over 45,000 SF with the ability to increase to over 54,000 SF with inclusionary housing bonuses.
- With a total of 28 efficient units, investors will enjoy an 86% Free Market Building with the ability to increase rents as units turn.
- Investors will enjoy the flexibility for continued use as a cashflowing mixed-use building
- Meticulously Renovated: Units are upgraded and replete with stainless steel appliances, beautifully designed bathrooms, and excellent ceiling heights.
- Potential to increase rents for one bedroom units by nearly $700 per month.
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 19,840 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | C1-9 | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 19,840 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | C1-9 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 28 | - | - |
PROPERTY TAXES
| Parcel Number | 1467-1001 | Improvements Assessment | $820,546 |
| Land Assessment | $315,000 | Total Assessment | $1,135,546 |
PROPERTY TAXES
Parcel Number
1467-1001
Land Assessment
$315,000
Improvements Assessment
$820,546
Total Assessment
$1,135,546
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