About this property
Prime Two Bridges Mixed-Use Walk-up Building for Sale * Subject Of This Exclusive Offering Is A Five Story Mixed-Use Walk Up Building In Two Bridges Consists of 20 Apartments And One Commercial Unit. Fully Leased * 80% Of The Rental Income Is From Free Market Units * Building Was Renovated 2014 - 2019, Well Maintained, Very Clean,Tenants Have Individual Meters * Architecturally Distinct Facade, High Ceiling * Fully Leased, All 2 Bedroom Apartments 8 Rent Stabilized 1 Rent Controlled 11 Free Market 1 M-T-M Commercial Unit * Two Blocks From The F Subway Station At East Broadway And EssexStreet, Three To Four Blocks From M103 Bus * 5 Minute Walk To Newly Developed One Manhattan Square, 1,000,000 Square Feet 800 Feet Tall, 100,000 Square Feet Amenities Mixed-Use Building * 5 Minute Walk To 2,775 New Construction Units Coming Online At The Two Bridges Waterfront Towers By JDS, L+M, CIM and Starrett Development. * 11 Minute Walk To The $1.1 Billion Ongoing, Massive, On Nine City Blocks "Essex Crossing" Mixed Use Project Which Consists Of Two Million Square Feet Of Multifamily Retail And Mixed Use Space * $2,585,000 Existing Mortgage. Can Not Be Assumed * This Property Has Great Upside Upon Unit Turn Over And Neighborhood Improving * Asking Price: $8,200,000
Listing courtesy of Ety Zbeda