Prime Investment Opportunity at 315 E 51st Street, New York, NY, 10022
Invest in a centrally located mid-rise apartment building in the heart of Manhattan’s Central Business District (CBD). Positioned at 315 E 51st Street, this property offers significant investment potential with its strong rental market appeal and strategic location.
Property Details:
- Asking Price: $3,600,000 ($400,000/Unit)
- Property Type: 3-Star Mid-Rise Apartments
- Location: Central Business District (CBD)
- Units: 9
- Stories: 5
- Gross Building Area (GBA): 5,760 sq. ft.
- Typical Floor Size: 1,152 sq. ft.
- Class: B
- # of Buildings: 1
- Units per Area: 209/AC
- Market Segment: All
- Rent Type: Market
Investment Highlights:
- 9-unit mid-rise apartment building offering steady rental income potential in a high-demand area.
- Located in the bustling Central Business District, attracting professional tenants and ensuring high occupancy rates.
- Efficient floor plans with a typical floor size of 1,152 sq. ft., catering to various tenant needs.
- Well-maintained 5-story building, Class B construction, ideal for long-term investment stability.
- Proximity to transportation hubs, restaurants, shopping, and entertainment, ensuring strong tenant appeal.
This property presents a fantastic opportunity for investors to acquire a well-positioned asset in a thriving Manhattan neighborhood. With a competitive asking price and substantial income potential, this investment is ready to deliver value.
Contact us today to learn more or schedule a tour of this exceptional property!