54 & 56 East Broadway | New York, NY 10002
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- LoopNet Team
54 & 56 East Broadway
New York, NY 10002
Two Walkup Buildings With Retail - Chinatown · Multifamily Property For Sale
·
21 Units
INVESTMENT HIGHLIGHTS
- Prime Location and Frontage: Rare 50’ of East Broadway frontage in the heart of Chinatown
- Tax Class 2B: Preserves a low and stable expense ratio, as well as capping increases in assessed values
- Long-term ownership; well maintained assets
- Cash Flowing: Long term solid tenancy with good collections
- Under Market Rents: In place residential rents for the 13 two bedroom rent stabilized units are extremely below market averaging $2,000/month, where m
PROPERTY FACTS
| No. Units | 21 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 16,713 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | C | ||
| Zoning | C6-1G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location. | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 16,713 SF |
| No. Stories | 6 |
| Year Built | 1910 |
| Zoning | C6-1G - C6 districts permit a wide range of high-bulk commercial uses requiring a central location. |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $931,769 | |
| Land Assessment | $421,590 | Total Assessment | $1,353,359 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$421,590
Improvements Assessment
$931,769
Total Assessment
$1,353,359
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