Log In/Sign Up
Your email has been sent.
Gramercy Park Two Building Package 343 E 21st St 9 Unit Apartment Building $7,000,000 ($777,778/Unit) 4.48% Cap Rate New York, NY 10010
Executive Summary
Curb Capital LLC is pleased to present a 9 unit mixed use package comprising two four story walkup buildings located in Gramercy Park at 343 East 21st Street and 352 East 20th Street.
Investment Highlights
• Two four story walkup buildings
• Nine total units consisting of three retail units and six residential apartments
• Buildings are located one block apart and are entirely free market
• Strong in place cash flow with additional upside potential
• Well maintained assets with no known material issues
Investment Highlights
• Two four story walkup buildings
• Nine total units consisting of three retail units and six residential apartments
• Buildings are located one block apart and are entirely free market
• Strong in place cash flow with additional upside potential
• Well maintained assets with no known material issues
Property Facts
| Price | $7,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $777,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.02 AC |
| Cap Rate | 4.48% | Building Size | 2,628 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | C1-6A, R7A - Commercial district predominantly residential in character | ||
| Price | $7,000,000 |
| Price Per Unit | $777,778 |
| Sale Type | Investment |
| Cap Rate | 4.48% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 2,628 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | C1-6A, R7A - Commercial district predominantly residential in character |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
Property Taxes
| Parcel Number | 0927-0124 | Improvements Assessment | $282,073 |
| Land Assessment | $143,985 | Total Assessment | $426,058 |
Property Taxes
Parcel Number
0927-0124
Land Assessment
$143,985
Improvements Assessment
$282,073
Total Assessment
$426,058
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Gramercy Park Two Building Package | 343 E 21st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.