Hancock Street, New York
An outstanding investment opportunity on a beautiful treelined block. This huge 27 X 82 Square Foot property contains six free market units, offering a substantial potential for rental income. The property currently holds permits to fully renovate the interior and the current owners have already completed most of the renovation work (structural, plumbing, and electrical). All that remains to complete the renovation process is the interior sheet-rocking and finishing cosmetic work.
Within the property, it offers three large bedrooms with a pro forma NOI of $210,000. This property is a great investment for any potential buyer to reside or use to draw additional income.
DIMENSIONS: 2,733 ft², 6 Units, 3 Stories, Built in 1905
SPECIFICATIONS: Multi-Family Home
SELLING PRICE: $2,500,000
Contact Agent: Harry Bouzaglou