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27-29 Madison St 25,559 SF 100% Leased Office Building New York, NY 10038 $8,500,000 ($332.56/SF) 5% Cap Rate
Executive Summary
Mixed used with stabilize tenant, huge lot , sale as is , price to sale, prefer cash and 1031 exchange, 105x80 lot , R7-2 zone, great for long term cash flow
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
25,559 SF
Building Class
C
Year Built
1900
Price
$8,500,000
Price Per SF
$332.56
Cap Rate
5%
NOI
$425,000
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,841 SF
Slab To Slab
10’
Building FAR
4.19
Lot Size
0.14 AC
Zoning
R7-2 - 6.5 Far
Amenities
- Bus Line
- Metro/Subway
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ansu Funeral Home
- -
- 4,841 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ansu Funeral Home | - | 4,841 SF | - | - |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Number | 0116-0043 | Improvements Assessment | $772,860 |
| Land Assessment | $264,150 | Total Assessment | $1,037,010 |
Property Taxes
Parcel Number
0116-0043
Land Assessment
$264,150
Improvements Assessment
$772,860
Total Assessment
$1,037,010
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27-29 Madison St
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