73 Second Avenue is a 5 story brick walk-up building located in the busiest commercial section of the East Village. This investment property consists of 11 units with 1 studio apartment, 8 large one bedroom apartments, and 2 prime commercial units. Of the 9 residential units there are 5 stabilized units, 2 rent controlled units, and 2 free market units. This is an excellent opportunity for a strategic investor to reposition this property to maximize its income potential. The current owner has made significant improvements in recent years. The hallways have hard-wired smoke detectors and emergency lighting. A facade restoration was performed in 2012. A new rubber roof with a 15 year warranty has just been completed. The gas boiler has a digital heat timer and a new separate hot water storage tank.livingny90851
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
