This mixed-use building offers a rare opportunity to invest in the Lenox Hill neighborhood in Manhattan. Featuring 16 studio condos and 2 ground-floor retail stores. This property is designed for stable income generation and long-term value investing.
16 residential units are fully leased with 14 newly renovated. 2 retail spaces occupied by stable commercial tenants. Consistent rental income of $560k annually. It is a top-tier investment with increasing demand.
It situated in one of NYC's most dynamic neighborhoods, with high foot traffic and accessibility to public transportation, fine dining, shopping, and cultural landmarks such as Central Park and the Metropolitan Museum of Art.
Don't miss this perfect investment with high returns and long-term value!
1FL: Vegan Restaurant 1000 SF
1FL: Beauty Nail Spa 780 SF
2FL: 4 studio 400Sf 400 SF
3FL: 4 studio 400sf 400SF
4FL: 4 studio 400sf 400SF
5FL : 4 studio 400sf 400SF
Bsmt: Storage & boiler room
Active
$7,500,000
1164 1st Ave #1-18, New York, NY 10065
16beds
1,500sqft
Building
Built in 1910
-- sqft lot
$-- Zestimate®
$5,000/sqft
$-- HOA
What's special
Stable commercial tenantsGround-floor retail stores
- 61 days
- on Zillow |
- 192 |
- 4 |
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