We are thrilled to present this outstanding investment opportunity - a trio of buildings available for sale as a package deal. These three SRO buildings, comprising 12 units, 8 units, and 12 units, are nestled in the heart of East Harlem's most historic and sought-after neighborhood. Located at 150/152 & 154 E. 105th St, these attached buildings span over 40 feet in width and feature a sprawling backyard space. Moreover, they boast over 8,000 sq ft of unused FAR (Floor Area Ratio), offering limitless potential and substantial intrinsic value. Currently, the buildings are home to a total of 32 rentable spaces, with approximately 75% occupancy. Leases vary between 12-month terms and month-to-month arrangements, providing flexibility for the future. Positioned just a short distance from Central Park and a stone's throw away from Lexington Ave in East Harlem, this location is a vibrant cultural hub with a strong sense of community. It's also a haven for food enthusiasts, offering a wide array of dining options. Commuting to midtown Manhattan is a breeze with convenient access to the 103rd Street 6 train subway station. Surrounded by East Harlem's most exciting culinary and nightlife destinations, this property embodies the essence of East Harlem living. Local favorites include the renowned Rao's, Taco Mix, Amor Cubano, East Harlem Bottling Co, Lexington Pizza Parlor, Super Nice Doughnuts, and many more! This property's prime location and captivating aesthetics make it an opportunity you won't want to miss. Please note that all showings, including open houses, are available by appointment only. Seize this unique investment opportunity today! Don't delay. Call for more detailed information.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
