EAST 3RD STREET GEM!

Two 25'x81', six story, walk-up buildings with 49 apartments. This building has been beautifully renovated and is now configured as: one 3 BR (free market), two 2 BR's with 1 1/2 baths (free market), two 1 BR's + loft (free market) & 44 one BR's (4 RS, 38 free market). The building has a new roof, new intercom, new boiler and new wood floors throughout. The current Estimated Net Profit is $1,409,369 - or a solid ROI of 8.7%!!!! Seller willing to hold 2nd mortgage to qualified buyers.

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Todd Buchanan
Lic. Assoc. R.E. Broker
Sr. Vice President
Halstead Property, LLC
(212) 381-4204
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Halstead. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Halstead represents the seller/owner on Halstead's own exclusives, except if another agent of Halstead represents the buyer/tenant, in which case Halstead will be a dual agent with designated agents representing seller/owner and buyer/tenant. Halstead represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Halstead treats all parties fairly and honestly. Halstead actively supports equal housing opportunities.

* - represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with professionals to determine legal use parameters.

Listing Details

Listing ID: 1627592
Price: $15,750,000
RE Tax: $130,879.00
Listing Type: Townhouse
Type: Multi-family

Residence Information

Facade: Brick
Original Detail: Yes

Townhouse Features

  • Roof Garden

Building Information

  • Basement
  • Garden

Nearby Restaurants

The Redhead
S'MAC
The Mermaid Inn
TOM: Tuesday Dinner
Todd English's Olives New York

Nearby Bars and Nightlife

The Living Room at the W Union
Scratcher Cafe
Swift Hibernian Lounge
Mars Bar
Angel's Share

Nearby Shopping

Dean & DeLuca
Stock Vintage
Duo
New York Central Art Supply
An Ren

Nearby Health and Fitness

Tease
Sal Anthony's Movement Salon
The Shala
Rumor Salon
Acqua Beauty Bar

Information provided by nymag.com.

Real Solutions


Wells Fargo Vanderbilt Private Insurance Group

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Halstead Property, LLC; Halstead Brooklyn, LLC; Halstead Property Riverdale, LLC; Halstead Property Development Marketing, LLC; Halstead Property Hudson Valley, LLC; Halstead Property Connecticut, LLC; Halstead Property New Jersey, LLC; 79 Hudson St., Hoboken, N.J., licensed New Jersey real estate broker.