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Home ยป Premium Mixed Use Investment – Turnkey Rent Roll $165,000

Premium Mixed Use Investment – Turnkey Rent Roll $165,000

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West 122nd Street, New York, NY 10027

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Property Description

Mount Morris Park - Best Premium Investment Property on the Market! $165,000 Annual Rent Roll! Turnkey - Worry Free. Market Rate Luxury - 4 Spacious Two Bedrooms 2 bathrooms, 1 Commercial Retail with garden/patio and 1 bathroom. 100 % Occupied All Market Rate Tenants. Total Rent Roll: $13,800 per month, $165,600 per year. Estimated Expenses: Taxes: $9,195, Insurance: $3,000, Utilities $1,200, Water/Sewer $2,400. Total Expenses: $15,795. Net Income: $149,805. Building Specifications: Building dimensions 19 ft x 55 ft, Building SF 5,700, Lot dimensions 19 ft x 80 ft Lot SF 1,510 Stories 4, (5 floors) Residential units 4, Commercial Retail units 1, Year built 1910, Complete Gut Renovation 2010 This 7 Star ******* Recent renovation- Every apartment is spacious, flooded with light, and is "19 Ft wide with 12.5 Ft ceilings. The Master bedroom is one of many focal points of these luxury floor through apartments. Winning features include boxed ceiling detail, spot lighting, Brazillian walnut floors, lacquered cabinets, slate backsplash, gourmet kitchen with stainless steel stove and hood, LG large capacity washer and dryer plus granite counter tops. Plenty of storage cabinetry. All electrical, plumbing and heating systems are top notch. Quality and attention to detail sets this investment property above and beyond the rest!. A must see. Schedule an appointment today with Michelle Alexander at 646 387-7535. Please send text message or email: and Elaine Perry at 917 841-3230, 24-48 hours notice required.


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