321 E 116th St, New York, NY 10029

One of a kind Townhouse/multifamily opportunity with AMAZING INCOME!!! For only about $500 per sf you can get a once in a life time opportunity to own a partially renovated 4 family building in Manhattan for less than 2mm!! Easily can attain a 5% cap and higher. High income. Low taxes. Building will be delivered vacant. 3626' built and 1365' of air rights. 2 out of the 4 units are renovated. The other 2 units need a renovation. Option to add an outdoor space to unit 2 for an increase in rent. Currently configured as a 4 family, which is what is written on the deed and on the tax bills. There are 4 separate meters as well. However, on CFO it is listed as a 2 family with a doctors practice. Can easily be rezoned to a 4 family. You can live in this property, rent out the other units which will leave you with a strong income! Buy now in one of the most upcoming and appreciating neighborhoods in Manhattan. Bus stop right around the corner on 116th and Walking distance to the 6 train. Plenty of new bars and restaurants in a neighborhood filled opportunity and future appreciation. Call Hillel now to make an appointment!