Investor Opportunity:Condo Townhouse Unit for Sale with Tenant in place until December 2014For Sale: $6,995,000Building Type: This is a FOUR STORY Residential Condominium unit with Garage and Garden, in a newly constructed Two Unit Townhouse. The unit for sale comprises the first four floors of a six story Townhouse. 4 bedrooms, Dining Room, and 2.5 Bathrooms, GARDEN & PRIVATE GARAGE.Location:South Side of East 4th Street between Avenues A & B.Block/Lot: 00399-7502Lot Dimensions: 23 ft x 96.17 (Approx.)Sq. Ft: 6000 (Approx.)Available Air Rights: NoneTHIS UNIT: Floors 1 through 4. Zoning: R0Zoning Map: 12CFAR as built: 5.06Year Built: 2009Landmark Status: NoneBuilding Dimensions: 23' x 65 Approx.Expenses: Real Estate Taxes: $12,144/annumCommon Charges: $13,200/annumInsurance: $5,000/annumLease Terms: Unit is leased until 2015. Rent Roll: Tenant Rent: $24,000/mo.Gross Income: $288,000/annumNet Income: $257,656(Floors 5 & 6 are a separate unit not for sale)Lease Terms: Expires 8/15/14, with tenants option to renew for 6 months (2/15/15)
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