Package of apartments in the center of East Village, New York, USA

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Package of apartments in the center of East Village, New York, USA

$5,850,000
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  • Yield
    5.2%
Details
Property parameters
  • Total premises: 10
  • 5-floor building
Financial performance
  • Annual income: $290,076
Tenants
  • Occupancy: 40%

Ten apartments in Manhattan.

Description

6 apartments will be delivered vacant.

The price for one apartment is 585,000 $.

The new owner has the ability to convert all units to two-bedrooms.

Financial performance

The cost of the property is 5,850,000 $.

The absolute annual income is 302,445 $.

The current yield of 5,2%.

Location and nearby infrastructure

The property is located in the heart of the East Village, especially popular among artists and musicians, in a few steps from Tompkins Square Park and a in a walking distance to transportation at the L, 6 and F subways lines.

Manhattan is the ”heart“ of New York, the most famous, popular and recognizable area in which most of the city's attractions are located, including numerous skyscrapers, New York Stock Exchange on Wall Street, Central Park, Grand Central Station, Broadway, Times Square, the UN building, Metropolitan Museum, Rockefeller Center and many others.

Transport accessibility:

  • La Guardia Airport — 22 minutes by taxi (without traffic jams)
  • John F. Kennedy Airport — 30 minutes by taxi (without traffic jams)
  • Wall Street/ Financial District — 12 minutes by taxi (without traffic jams)
  • Times Square — 17 minutes by taxi (without traffic jams)

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    Marina Filichkina
    Marina Filichkina,
    Head of Sales
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