An excellent investment opportunity a six-story, sun-filled townhouse featuring a private garden, common rooftop, and a prime location between 2nd and 3rd Avenues. The building offers approximately 3,800 SF across four residential units, along with a laundry room and storage room. Delivered with a clean title, no violations, and a four-family Certificate of Occupancy, qualifying the property for attractive residential loan programs and favorable financing rates. Approved architectural plans and active permits are in place for a potential value-add upgrade.
As is cap rate 5%, pro forma cap rate 8%
100% free market
Gross 3800 sf
The Certificate of Occupancy (CO) is a four-family home.
Allows for residential -financing.
Clean Title and No Violations.
All Tenant leases included a 90-day termination clause.