assorted new york property off market

Listing Id: 16

off market

THREE STORY BUILDING FOR SALE
WITH APPROVE PLANS FOR A SIX STORY RENTAL MIXED-USE BUILDING EXCELLENT DEVELOPMENT/USER OPPORTUNITY
east village/alphabet city
NEW YORK, NEW YORK
Location:
Lot Size:
Building Size: Approve Plans
Stories:
Gross Square Feet:
Net Square Feet:
Existing Square Feet: Zoning: (FAR)
Total Buildable: (6.02 FAR) Assessment:
Real Estate Taxes:
Description:area East Houston Streets.

19’ x 80’
Basement Floor: 19’ x 80’ = 1,520 Gross Sq Ft storage
Ground Floor:
Second Floor:
Third Floor:
Fourth Floor:
Fifth Floor:
Sixth Floor:
Three (3)
7,809 Approve Square Feet
5,663 Approve Square Feet
3,919 (19’ x 78’ first floor and 19’ x 64’ each 2nd & 3rd Floors) R8A (6.02) with a C2-5 Overlay (2.0)
9,150.4 $342,900 (20/21) $36,669.76
A 19’ wide three story mixed-use building with approve plans for a six story elevatored 5-unit mixed-use building. The current building is vacant and gutted and ready to be developed. The approve plans calls for the first floor to be a store and the upper units to be two and three-bedroom floor-through apartments. The apartments will also have two bathrooms. The basement will be used as storage space for the store.
The apartments will be high-end with new kitchens that have stainless steel appliances, new bathrooms central HVAC. The bedrooms will be nice and spacious. The elevator will be located at the middle of the units and each floor will have it’s own key access.
The property is located in an area that has great retail traffic and good residential exposure. The building is close to the F train on East Houston & Allen Street and the park on East 1st Street. A developer can build the property and sell the residential
19’ x 80’ = 1,520 Gross Sq Ft Commercial 19’ x 68’ = 1,292 Gross Sq Ft Residential 19’ x 68’ = 1,292 Gross Sq Ft Residential 19’ x 65’ = 1,235 Gross Sq Ft Residential 19’ x 65’ = 1,235 Gross Sq Ft Residential
19’ x 65’= 1,235 Gross Sq Ft Residential

apartments and the store or keep it as a rental building.
A restaurant operator would love to finish the building, they can occupy the store on the ground floor, keep one of the units above for themselves and rent out the other units for income.
Please email me for the approve plans. ASKING PRICE: $5,300,000
OR $579 PER BUILDABLE SQUARE FOOT

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RENOVATED SIX STORY COMMERCIAL BUILDING FOR SALE
PRIME USER/INVESTMENT OPPORTUNITY
NEW YORK, NEW YORK
near Market Streets

Location:

Lot Size: Building Size:
Stories:
Gross Square Feet: Zoning: (FAR)
Total Available Air Rights: Assessment:
Real Estate Taxes:
Description:
50’ x 100’ Basement: Store:
2nd Floor: 3rd Floor: 4th Floor: 5th Floor: 6th Floor:
50’ x 95’ irr = 4,026 50’ x 95’ irr = 4,026 50’ x 95’ irr = 4,026 50’ x 95’ irr = 4,026 50’ x 95’ irr = 4,026 50’ x 95’ irr = 4,026 50’ x 95’ irr = 4,026
24,157 Above Grade 28,183 Below Grade
Six (6) Plus Full Basement
24,157 (Approximately)
C6-1G (6.0) R7 Equivalent (3.44) 5,843
$2,535,300 (21/22)
$272,671.52
A 50’ wide 5-unit six story elevatored commercial building. The property has two stores on the ground floor, floors two through six are floor-through commercial units. The units have 14’ ceilings on the ground and second floor, 13’ ceilings on the third and fourth floors and 12’ ceilings on the 5th and 6th floors. They have nice expose brick, pine wood floors, new bathrooms. The units are all open spaces that have windows on three sides and get great sunlight.
The building has been completely renovated with new windows, new elevator, sprinkler system, new HVAC system nice art deco lobby. The basement has 9’ ceilings with access to the back yard. The mechanicals gas and electric meters, elevator room, and sprinkler system room are all in the basement.
The property is a prime user opportunity, a user can have a retail store on the ground floor and use the upper floors as office space. A corporate company like a hedge fund can rent out the two stores on the ground floor and occupy the upper floors for their business. The retail tenants can duplex the ground floor with the basement. The

Income: 1st Fl:
2nd :
3rd Flr: 4th Flr: 5th Flr:
6th Flr:
Total Monthly Projected Income: Total Annual projected Income:
Unit Store
Store
#1
#2 #3 #4
Description United Health Care
Office Space
Office Space Office Space Office Space
Office Space
Unit Type Commercial
Commercial
Commercial
Commercial Commercial Commercial
Commercial
Revenue: Lse Exp $24,549 10/31/26 Plus $500
common
charge
$10,000 3/31/27 Plus $500
space would be great floor a restaurant, clothing store, or office space.
The property is also a great investment opportunity, since the building is renovated and individually metered, each floor can be rented at full market rate for office space. At $65 to $75 a foot for the office space and $80 to $100 a foot for the retail space. The building is internet and cable ready. These amenities in the building will create a big demand for tenants to rent them and increase the cap rate of the property.
The new owner also has the option of doing a condo conversion to the building. They can sell off the office spaces each for $1,200 a foot which would pay for the building and sell the store as their profit or keep it for income.
The building is located in an area that has high foot traffic with a strong demand for retail and office space. The F train is located on East Broadway & Rutgers Street, the B and D train is on Grand & Chrystie Street, Seward Park is close by.
#5
common charge
$24,312 plus $500 CC
$25,000 proj
$25,000 proj
$19,626 plus $500 CC
$25,000 proj $155,487
$1,865,844
6/30/29
Vacant Vacant 2/28/24
Vacant

Real Estate Taxes:
Water & Sewer:
Insurance:
Fuel gas:(HVAC PAID BY TENANT) Electric: (common areas)
Repairs & Maintenance: Super:
Management 2%:
Total Annual Expenses:
$272,671.52 $23,000 $16,000 $0.00 $4,000 $5,000 $12,300 $37,320 $370,291.52
Net Operating Income: $1,495,552.48
ASKING PRICE: $25,500,000 CAP RATE: 5.9%


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Location:
Lot Size: Building Size:
Stories:
Gross Square Feet: Zoning: (FAR) Air Rights: Assessment:
Real Estate Taxes:
Description:
Ground Floor:
Second Floor:
Third Floor:
NEW YORK, NEW YORK
near Spring Streets
25’ x 100’
FIVE STORY MIXED-USE BUILDING FOR SALE
EXCELLENT USER/INVESTMENT OPPORTUNITY
Sub-Basement: Basement: Ground Floor: 2nd Floor:
3rd Floor: 4th Floor: 5TH Floor:
25’ x 25’ x 25’ x 25’ x 25’ x 25’ x 25’ x
60’ = 1,500 sq. ft. 100’ = 2,500 sq. ft. 95’ = 2,375 sq. ft. 95’ = 2,375 sq. ft.
80’ = 2,000 sq. ft. with 375 sq ft outdoor space 80’ = 2,000 sq. ft.
80’ = 2,000 sq. ft.
Five (5) Plus Basement
10,750 (Approximately) Above Grade M1-5B: (5.0) Soho Cast Iron Historic District 1,750 Square Feet
$2,680,200 (21/22)
$288,255.52
A 25’ wide four-unit five-story mixed-use elevatored loft building. The property has a store on the ground floor and four floor-through units above. They are all floor-through commercial loft apartments with elevator key access per floor. The property is sprinklered throughout and has a HVAC system except for the fourth floor. The units are individually metered for electric and no gas, with the electric meters in the basements. The stoves are electric; The property is in good condition and well kept.
The ground floor has a vacant store, which has access to the basement and sub-basement. The store and basements are all floor- through open space and column free. The store has 14’ tin ceilings, the basement has 9’ ceilings and the sub-basement has 6’ 5’’ ceilings.
The second floor is a commercial floor-through loft unit, which has a full kitchen & full bathroom. The apartment has 12’ ceilings nice wood floors, gets great sunlight and is perfect for live/work.
The third floor is a commercial floor-through loft unit, which has a full kitchen & full bathroom. The apartment has 12’ ceilings nice wood floors gets great sunlight and is perfect for live/work. This unit
& Sub-Basement

Fourth Floor:
Fifth Floor:
has outdoor space at the back.
The fourth floor is a commercial floor-through loft unit, which has a full kitchen & full bathroom. The apartment has 12’ silver tin ceilings, nice wood floors gets great sunlight and is perfect for live/work. This floor has a staircase that lead to the fifth floor and is closed off. This makes it possible to duplex both the fourth and fifth floors.
The fifth floor is a commercial floor-through loft unit, which has a full kitchen & full bathroom. The apartment has 12’ ceilings, nice wood floors, gets great sunlight and is perfect for live/work.
The property is located in a high traffic area with prime high-end retail stores like Banana Republic and Forever 21. The property has great modes of transportation it’s close to the 6, N, R, B, F and M trains. The building is a prime user opportunity, a user can have a store on the ground floor and also have more space by occupying both basements and have an office and live in one of the units above. The units can also be converted to condos and sold to residential and commercial users.
The building also makes a prime investment opportunity because the store has a lot of space, which a lot of retails tenants like it will be perfect for a bank or high end clothing and bag store. The investor can also rent out each floor to two tenants in a bad economy by putting a wall in the center of each unit. All the units are ready to be rented and each tenant is responsible for their own utilities.
Revenue:
Ground Floor: Second Floor: Third Floor: Fourth Floor: Fifth Floor:
Projected Monthly Income:
Unit
1 2 3 4
Description Store
Loft Apartment Loft Apartment Loft Apartment Loft Apartment
Unit Type Commercial Commercial Commercial Commercial Commercial
$1,191,000
Revenue $50,000 prj $13,500 $13,250 prj $13,500 prj
$9,000 $99,250
LXP Vacant Mo-Mo Vacant Vacant Mo-Mo
Projected Annual Income:

Expenses:
Real Estate Taxes:
Water & Sewer:
Insurance:
Heat (HVAC): Paid By Tenants Electric: (common areas) Repairs & Maintenance:
Total Annual Expenses
Net Operating Income:
ASKING PRICE: $25,000,000

$271,702.48 $4,000.00 $8,500.00
$0.00 $2,300.00 $3,200.00 $289,702.48
$901,297.6

Store
3rd Floor Apartment

3rd Floor Apartment Kitchen
3rd Floor Apartment Bathroom

3RD Floor Apartment Outdoor Space
4th Floor Apartment

4th Floor Apartment Front Side
4th Floor Kitchen

4th Floor Bathroom
Basement

Sub-Basement
Electric Meters


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MIXED-USE BUILDING FOR SALE
PRIME USER/DEVELOPMENT OPPORTUNITY CAN DELIVER VACANT

NEW YORK, NEW YORK
near Pike Streets.
26’.4’’ x 63’
Location:
Lot Size: Building Size:
Stories:
Gross Square Feet:
Zoning: (FAR)
Total Buildable Square Feet: Available Air Rights: Assessment:
Real Estate Taxes:
Description:
Store:
2nd Floor:
3rd Floor:
Three (3) Plus Full Basement 4,356 (Approximately)
C6-2 (6.0) R8 Equivalent (6.02) 9,979
5,623
$363,150 (20/21)
$38,835.28
26’.4’’ x 55’ = 1,452 26’.4’’ x 55’ = 1,452 26’.4’’ x 55’ = 1,452
A 26’ wide 3-story mixed-use building with a restaurant on the
ground floor and two floor through loft units above. The restaurant
Grill and Rotisserie is paying $11,815 per month with a
3% increase per year. They pay 40% of the real estate tax increase.
Their lease expires in 10/26. They have access to the backyard and
basement.
The second floor is a commercial loft unit, which can be used for
live work. It has two bedrooms in the rear; a full kitchen in the
middle, the front of the unit can be used as an office or living area. It comes with a full bathroom, a foyer and 12’ tiled ceilings. There
is also a visual intercom system. This unit is rented for $4,000.00
per month and the lease expires on 12/31/21. The apartment has
access to the backyard. The apartment is individually metered for
gas & electric.
The third floor is a beautiful floor through one-bedroom loft
apartment with nice architectural details. It has a big living area in
the front, a full kitchen in the rear. The unit has a full bathroom, a
foyer, a dinning area and extra storage space. Current tenant is
paying $5,700.00 per month, occupies it and their lease expires in
8/15/22. Both units are in good condition. The apartment has
access to the proof which is new. The apartment is individually
metered for gas & electric.

The property has a beautiful brick façade, and is an excellent
investment or development opportunity. The property is getting
great income from the restaurant, which has a lease that expires in
2026 also great income from the second and third floors which is
always rented with increases every year. The property is also a
great development opportunity, the residential air rights can be
developed into nice floor through loft apartments. The second and
third floors can be duplexed which would make a nice artist studio
or used as a three-bedroom live/work space. The building was built
in 1910 and has excellent commercial & residential exposure on
Division Street.
The property is a great investment opportunity because the 5,623
square feet of air rights can be used to add more floors, the zoning
allows a commercial or residential building to be built. Having
only two units and a store the property is easy to manage. There
will always be strong demand for the store and apartments because
the F train is down the block and the apartments are in great
condition, spacious and not subject to rent regulation.
The property is also a prime user opportunity because they can occupy the second floor and use it for live/work and have rental income from the restaurant and the one-bedroom apartment above. The one-bedroom apartment on the third floor can also be duplexed with the second floor.
Revenue:
Ground Floor:
Second Floor:
Third Floor: Monthly Inc:
Annual Inc: Expenses:
Unit
1
Description Store Two-Bedroom Apt One-Bedroom Apt
Unit Type Commercial Free Market Free Market
Revenue
$11,815.00
$4,000.00
$5,700.00 $21,515.00
$258,180.00
LXP 10/26 12/31/21 8/15/22
Real Estate Taxes:
Water & Sewer:
Insurance:
Heat (Gas):
Electric: (Common Areas, Paid By Store)
$38,835.28 $1,600.0 $3,000.00 $2,800.00
$0.00

Repairs & Maintenance: Total Annual Expenses
Net Operating Income:
$210,944.72
$1,000.00 $47,235.28
CAP RATE: 3.5%
ASKING PRICE: $5,950,000


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Location:

Lot Size: Building Size:
Stories:
Zoning/FAR:
Gross Square footage: Buildable Square Ft: Available Air Rights: Assess: (21/22)
Real Estate Taxes:
16’ x 65’
Ground Floor:
Second Floor:
Third Floor:
Fourth Floor:
Fifth Floor:
Five (5) Plus Basement
R7D (4.2) with a C1-5 Overlay (2.0) Height Limit 100’ 4,240 (Approx)
4,586.4
346
$35,135
$4,298.80
Description:
A 16’ wide 5-unit five story mixed use walk-up apartment building. The property has a grocery store on the ground floor, to the back is a studio apartment. The second to the fifth floor each are two-bedroom floor-through apartments. The apartments have a eating/living area with a full kitchen and bathroom. The units have nice wood floors and the bedrooms are spacious and get great sunlight. The floors each have 10’ ceilings, the ground floor has 12’ ceilings.
The units are individually metered for gas and electric and is located in the basement. The boiler is oil, all the electric and plumbing is new.
The property has great retail and residential exposure. The building is located on a street with great foot traffic and close to the six train and the M103 bus. This is good for the store and the free market apartment.
The property is a prime investment opportunity because the units are free market, it allows an investor to renovate the apartments and increase the rents. The air rights allow the top floor to be converted into a three bedroom duplex apartment.
FIVE STORY MIXED-USE BUILDING FOR SALE PRIME INVESTMENT/USER OPPORTUNITY
NEW YORK, NEW YORK
east harlem

16’ x 53’ = 848 16’ x 53’ = 848 16’ x 53’ = 848 16’ x 53’ = 848 16’ x 53’ = 848

Actual Income: Ground Floor:
Second Floor
Third Floor
Fourth Floor
Fifth Floor
Total Monthly Income: Total Annual Income:
Expenses
Unit Store 1
2 3 4 5
Description Grocery Store Studio Apt
2-Bedroom Apt 2-Bedroom Apt 2-Bedroom Apt 2-Bedroom Apt
$4,298.80 $1,595.43 $1,425.98 $5,219.35 $3,496.70 $2,500.00 $4,356.00 $2,400.00
Unit Type Commercial Free Market
Free Market Free Market Free Market Free Market
Revenue: Lxp
The property is also a great user opportunity a user can convert the whole ground floor into commercial space like a restaurant and have an office on the second floor and live in one of the units above and
rent out the other apartments. Please in “as is” condition.
note the property is being sold
Real Estate Taxes:
Water & Sewer:
Electricity: (Common Areas) Heat (Oil):
Insurance:
Repairs & Maintenance: Management: 3%
Super:
Total Expenses:
$25,292.26
Net Operating Income: $119,907.74 CAP RATE:
4.0%
ASKING PRICE: $3,000,000.00

$1,700.00 $1,800.00
$2,500.00 $1,800.00 $1,800.00
$2,500.00 $12,100.00 $145,200.00
11/25


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Location:

Lot Size: Building Size:
Stories:
Zoning/FAR:
Gross Square footage: Buildable Square Ft: Available Air Rights: Assess: (21/22)
Real Estate Taxes:
16’ x 65’
Ground Floor:
Second Floor:
Third Floor:
Fourth Floor:
Fifth Floor:
Five (5) Plus Basement
R7D (4.2) with a C1-5 Overlay (2.0) Height Limit 100’ 4,240 (Approx)
4,586.4
346
$48,623
$5,949.04
Description:
A 16’ wide 5-unit five story loft apartment building. The property has a floor-through loft apartment on the ground floor. This unit has access to the back yard. Floors two through five are each floor- through loft apartments. The apartments have a eating/living area with a full kitchen and bathroom. The units have nice wood floors and the bedrooms are spacious and get great sunlight. The floors each have 10’ ceilings, the ground floor has 12’ ceilings.
The units are individually metered for gas and electric and is located in the basement. The boiler is oil, all the electric and plumbing is new.
The property has great retail and residential exposure, with the opportunity to covert the ground floor into a store and the second floor into a store or commercial space, say a beauty salon or barber shop.
The building is located on a street with lots of foot traffic and close to the six train and the M103 bus. This is good for the tenants in the free market apartments. They have quick access to Midtown and Downtown Manhattan.
FIVE STORY LOFT BUILDING FOR SALE PRIME INVESTMENT/USER OPPORTUNITY ON AVENUE
NEW YORK, NEW YORK
East harlem
16’ x 53’ = 848 16’ x 53’ = 848 16’ x 53’ = 848 16’ x 53’ = 848 16’ x 53’ = 848

Actual Income:
Ground Floor:
Second Floor ,
Third Floor
Fourth Floor
Fifth Floor
Total Monthly Income: Total Annual Income:
Expenses
Unit 1
2 3 4 5
Description Loft-Apt
Loft-Apt Loft-Apt Loft-Apt Loft-Apt
Actual $1,800.00
$1,750.00
$1,875.00
$1,800.00
$1,950.00 $9,175.00 $110,100.00
Projected: $2,500.00
$2,550.00
$2,600.00
$2,650.00
$2,700.00 $13,000.00
$156,000.00
Unit Type Free Market
Free Market Free Market Free Market Free Market
The property is a prime investment opportunity because the units are free market, it allows an investor to renovate the apartments and increase the rents. The air rights allow the top floor to be converted into a duplex apartment. To maximize rents, the first floor can be converted into a store and rented to a restaurant. They can use the back yard as a lounge area. To also maximize value on the ground floor, it can be duplexed with the basement, to create a floor-through duplex apartment.
The property is also a great user opportunity, a user can occupy the ground floor and rent out the upper floors for income. The user can also convert the second floor into office space for their business.
Real Estate Taxes:
Water & Sewer:
Electricity: (Common Areas) Heat (Oil):
Insurance:
Repairs & Maintenance: Management: 3%
Super:
Total Expenses:
$5,949.04 $1,595.43 $1,425.98 $5,219.35 $3,496.70 $2,500.00 $4,680.00 $2,400.00
$27,266.50
Net Operating Income: $128,733.5 CAP RATE:
4.1%

ASKING PRICE: $3,150,000

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Location:

Lot Size: Building Size:
Stories:
Zoning/FAR:
Gross Square footage: Assess: (21/22)
Real Estate Taxes:
23’ x 94’ irr Ground Floor: Second Floor: Third Floor: Fourth Floor: Fifth Floor:
Five (5) Plus Basement R6/2.43
8,775 (Approx) $351,450 (21/22) $42,999.92
23’ x 80’irr = 1,755 23’ x 80’irr = 1,755 23’ x 80’irr = 1,755 23’ x 80’irr = 1,755 23’ x 80’irr = 1,755
8,775
Description:
A 23’ wide 10 unit five story renovated walk-up apartment building. All the units are free market, eight of the apartments have 4-bedrooms and 2-bathrooms. Two of the apartments have 3-bedrooms and 1-full bathroom. The units have been completely renovated with hardwood floors, new granite counter tops with stainless steel fridge, microwave & dishwasher. The apartments have a big living room and separate dining room. The building has been completely renovated with new electric and plumbing, the units have their own boilers and water heaters. The apartment are individually metered for cooking gas and electric.
The property has great residential exposure on Saint Ann’s Avenue and easy access to the 2 and 5 trains on Jackson Avenue which is two blocks away.
The property is an excellent investment opportunity, because since all the units are free market an investor can charge market rate for them. The apartments can also be sold as condo units.
The building also makes a great user opportunity, a user can create a floor through apartment on the first floor and duplex it with the basement. The upper floors can be used for rental income.
APARTMENT BUILDING FOR SALE
PRIME INVESTMENT/USER OPPORTUNITY CONDO APPROVED OPPORTUNITY ZONE
BRONX, NEW YORK (Melrose)


Revenue: Ground Floor:
Second Floor: Third Floor: Fourth Floor: Fifth Floor:
Expenses:
Real Estate Taxes: Water & Sewer:
Heat: Paid By Tenants Electricity:
Building Insurance: Management: 2% Repairs & Maintenance: Total Expenses:
Unit Description
Unit Type Free Market Free Market
Free Market Free Market
Free Market Free Market
Free Market Free Market
Free Market Free Market
Revenue LXP $2,659
$2,836
$3,006 7/31/22 $3,006 8/31/22
$2,660 7/31/22 $2,600 8/31/22
$2,600 7/31/22 $2,659 8/31/22
$2,639 7/31/22
$3,006 $27,671 $332,052
Apt 1A Apt 1B
Apt 2A Apt 2B
Apt 3A Apt 3B
Apt 4A Apt 4B
Apt 5A
Apt 5B Monthly Inc: Annual Inc:
3 Bedroom 3 Bedroom
4 Bedroom 4 Bedroom
4 Bedroom 4 Bedroom
4 Bedroom 4 Bedroom
4 Bedroom 4 Bedroom
$42,999.92 $7,000 $0.00 $2,633 $7,500 $6,641.04 $4,000 $70,773.96
Projected Net Operating Income: $261,278.04 CAP RATE: 6.8% ASKING PRICE: $3,800,000




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