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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 Numbers | Improvements Assessment | $828,378 | |
| Land Assessment | $315,000 | Total Assessment | $1,143,378 |
Property Taxes
Parcel Numbers
Land Assessment
$315,000
Improvements Assessment
$828,378
Total Assessment
$1,143,378
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