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343 W 47th St
New York, NY 10036
UCC Sale Of Membership Interest · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Outstanding Debt of Over $4,600,000.00
- Resolution Optionality - Loan provides an investor with optionality via various resolution and exit strategies.
- Construction Loan Default - Current loan balance of more than $4,600,000.00 is not performing and in default with the current lender.
- Prime Property Location - Situated between 9th & 8th Ave in Hell’s Kitchen, directly connected Ramon Aponte Playground and near many local restaurant
Property Facts
| No. Units | 4 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Construction Status | Under Renovation |
| Property Subtype | Apartment | Building Size | 9,800 SF |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | C | Year Built | 1920 |
| Zoning | R8 (C6) - R8 Zoning in NYC is a “high density” residential zoning district. R8 Zoning is mostly in the Manhattan and the Bronx as well in parts of Brooklyn. | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Construction Status | Under Renovation |
| Building Size | 9,800 SF |
| No. Stories | 6 |
| Year Built | 1920 |
| Zoning | R8 (C6) - R8 Zoning in NYC is a “high density” residential zoning district. R8 Zoning is mostly in the Manhattan and the Bronx as well in parts of Brooklyn. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
Property Taxes
| Parcel Number | 1038-0011 | Improvements Assessment | $604,409 |
| Land Assessment | $147,459 | Total Assessment | $751,868 |
Property Taxes
Parcel Number
1038-0011
Land Assessment
$147,459
Improvements Assessment
$604,409
Total Assessment
$751,868
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