Multi-family

Key Features:

• Prime Location: Situated in the vibrant CBD, the property enjoys high demand from residents and businesses, ensuring consistent rental income and long-term appreciation.
• Efficient Design: With a typical floor size of 991 SF, the building offers functional layouts suitable for diverse tenant needs.
• Income Potential: Market-rate rentals and a strategic location provide opportunities for competitive leasing rates.
• Investment Appeal: A strong 4.67% cap rate makes this property an attractive option for investors seeking a balance of stability and return.
• Quality Construction: Built to Class C standards, the building offers reliability and functionality for long-term operation.

Conclusion:

304 Bleecker Street represents an outstanding opportunity to invest in a mid-rise apartment building in one of Manhattan’s most sought-after neighborhoods. With its excellent location, consistent rental demand, and solid cap rate, this property is a valuable addition to any investment portfolio.