Mixed Use Building For Sale

Manhattan, NY
New York County


Asking Price: Annual Revenue:
$15,250,000 Not Disclosed

Commercial Real Estate: Multi-Family


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RE: Mixed Use Building For Sale Broker: Seller of Business

Quick Facts

Asking Price: $15,250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NY
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 410036927
Broker Reference #: Not Disclosed

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Business Overview:

8 Story Building - 20 apartments and 1 street level occupied commercial space. 13 one bedroom & 7 three bedroom apartments leased for an average rent of $3,698 per/month. Near to public transportation. Residential Gross Income - $884,442, Commercial Gross income - $60,000, Vacancy & Credit Loss - $28,333, Total Expenses - $126,925, Effective Gross Income - $916,109, Less Expenses - $126,976, Net Operating Income - $789,133.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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