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217-221 Madison St
New York, NY 10002
Multifamily Property For Sale
·
60 Units
Property Facts
| No. Units | 60 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 10,230 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements. | ||
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,230 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. 7-2 has less parking requirements. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
About 217-221 MADISON ST , NEW YORK, NY 10002
* 3 BUILDING PACKAGE ON THE LOWER EAST SIDE * 32,000 SF WITH 60 APARTMENTS AND 6 STORES * LONG TERM OWNERSHIP *LOW AVERAGE RENTS UNDER $1,250/MO, ALL RENT STABILIZED *SELLER CAN DELIVER 3 APTS VACANT AND 1 SMALL STORE VACANT *PRICE REDUCED FROM 18.5 MILLION TO 17.5 MILLION -- 16.6X RR & 3.5% CAP RATE & $550 PSF ---CONTACT: TY GALLISHAW AT 646-741-6951 OR TG@HIGHCAPGROUP.COM---
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 60 | - | - |
Property Taxes
| Parcel Number | 0271-0042 | Improvements Assessment | $432,900 |
| Land Assessment | $103,500 | Total Assessment | $536,400 |
Property Taxes
Parcel Number
0271-0042
Land Assessment
$103,500
Improvements Assessment
$432,900
Total Assessment
$536,400
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