Active
  • Price cut: $450K (7/7)
    $9,300,000

    131 W 14th St, New York, NY 10011

    4beds
    --sqft
    Mixed Use
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern amenitiesFirst floor retailFloor-through apartments
    This amazing building is located in Union Square on the iconic and heavily trafficked 14th Street in New York City. 131 West 14th Street is a prime mixed-use opportunity in the bustling Chelsea neighborhood of New York City. The property comes equipped with first floor retail and 4 floors of floor-through apartments stacked above. The 2500 sq. ft. street level retail space with a bonus 900 sq. ft. basement is delivered in a shell condition allowing the new owner to build out to specifications. The 2500 sq ft apartments feature spacious living areas, modern amenities, and all the necessary utilities to help tenants feel right at home. Highly accessible with the 1,2,3, F, M, L, N, Q, R, and W subway trains all within a quick walk. FINANCIALS Ground FLOOR- Retail, Vacant Projected Monthly- $18K / Projected Yearly- $216K 2nd FlOOR APT- Monthly Rent- $12.2K / Annual Rent- $146K , Projected Monthly- $12.2K / Projected Yearly- $146.4K, 3rd FLOOR APT- Monthly Rent-$11.5K / Annual Rent- $138K , Projected Monthly- $11.5K / Projected Yearly-$138K, 4th FLOOR APT - Monthly Rent-$12K / Annual Rent- $144K, Projected Monthly- $12K / Projected Yearly- $144K, 5th FLOOR APT - Vacant Projected Monthly- $2,500.00 / Projected Yearly- $30K, TOTAL RENT Monthly Rent- $35.7K / Annual Rent- $428.4K, Projected Monthly- $56.2K / Projected Yearly- $674.4K, Projected NOI $494,528 Real Estate Taxes $141,530.84 Water & Sewer $2,273 Insurance $14,681 Utilities $3,600 Payroll (Super) $6,000 Elevator Maintenance $5,788 Repairs & Maintenance $6,000 -------------------------------------------------- Total Expenses $179,872 Actual NOI $248,528
    765 days
    on Zillow
    |
    415
    |
    4
    |
    • Loading
    • Loading