A four (4)
story plus basement, mixed-use apartment building containing 2 stores
and 12 rent regulated apartments of which 1 is currently vacant. There
are two boilers one for the residential units and a second for the
Laundromat. The building contains two sets of gas and electric meters;
one for the apartments and another for the commercial units. In recent
years the windows and roof were replaced and the facade was renovated.
The property possesses approximately 9,675 SF of air rights which could
possibly utilized in the long run to add to the existing building or
sold transferred to a neighboring property. Substantial upside exists in
the residential rents which currently average $1,18.516 per month or
$41.07 per net square foot.
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Neighborhoods: Upper West Side/ Agents: Hall Oster