Proud to offer for sale this newly build Investment property! 35 Years Tax Abatement! The 3 story, elevated building consist 3 Commercial spaces, currently fully occupied by a Day Care with a very strong, $6875/M, 5+5+5 lease and 8- 2 bedroom apartments, each with the balcony and storage room in the basement plus 9 parking spaces. Property is Tax abated and all rents are Rent stabilized (Please view the rent schedule to see the rates). Each apartment has a Euro split system for heat and A/C plus a tankless water heater. There are microwave oven and washer/dryer hook ups in every apartment. 5 parking spaces are leased back to tenants for a total of $6000/y. Storage spaces are in the basement . Property is located a short walk away from URBY and a train station. This is a really rare to find investment property!
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.
