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 $2500/M. 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!
Listing By NextHome Prestige
Data Last Updated 11:17PM - 10/18/2021
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