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208 Grand St 22 Unit Apartment Building $4,800,000 ($218,182/Unit) New York, NY 10013
Investment Highlights
- Prime location
- Extremely low priced
- Great condition
Executive Summary
Prime investment opportunity in rapidly appreciating neighborhood.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,800,000 | Building Class | C |
| Price Per Unit | $218,182 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 10,434 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | ||
| Zoning | C6-2G - Wide range of high-bulk commercial uses requiring a central location. | ||
| Price | $4,800,000 |
| Price Per Unit | $218,182 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,434 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1920 |
| Zoning | C6-2G - Wide range of high-bulk commercial uses requiring a central location. |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Freezer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 300 |
| 2+1 | 14 | - | 300 |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 0470-0031 | Improvements Assessment | $1,233,000 (2026) |
| Land Assessment | $92,250 (2026) | Total Assessment | $1,325,250 (2026) |
Property Taxes
Parcel Number
0470-0031
Land Assessment
$92,250 (2026)
Improvements Assessment
$1,233,000 (2026)
Total Assessment
$1,325,250 (2026)
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208 Grand St
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