Multi-family
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Introducing 45 Horatio Street, New York, NY 10014
Situated in the vibrant Central Business District, 45 Horatio Street presents a unique investment opportunity for those seeking a prime location in the heart of New York City. This mid-rise, two-unit residential building is now available for sale at $6,750,000, offering an ideal balance of investment potential and market appeal.
Property Details:
- Address: 45 Horatio Street, New York, NY 10014
- Sale Price: $6,750,000 ($3,375,000 per unit)
- Sale Type: Investment
- Building Type: 2-Star Mid-Rise Apartments
- Location: Central Business District
- Number of Units: 2
- Average Unit Size: 1,870 sq. ft.
- Stories: 4
- Class: C
- Gross Building Area (GBA): 2,704 sq. ft.
- Typical Floor Area: 676 sq. ft.
- Buildings on Property: 1
- Units per Acre: 93
- Market Segment: All
- Rent Type: Market
Key Features:
Spacious and Functional Layouts Each unit in this building boasts an average size of 1,870 sq. ft., offering generous living space within a mid-rise structure. With four stories and a typical floor area of 676 sq. ft., the property provides a comfortable, efficient layout that accommodates tenant needs while retaining an intimate building atmosphere.
Prime CBD Location Located in New York City’s Central Business District, 45 Horatio Street is well-positioned for investment. The area is known for its blend of residential and commercial spaces, with easy access to public transportation, dining, entertainment, and shopping, attracting tenants from all backgrounds.
Competitive Market Value Priced at $6,750,000, this property represents strong investment value in a thriving market. The Class C status and established market segment ensure a dependable income stream with room for future enhancements or redevelopment potential.
Conclusion:
45 Horatio Street is an outstanding investment option for those looking to enter or expand within New York City’s competitive real estate market. With its central location, spacious units, and steady market demand, this property holds promise as a solid long-term asset in a high-demand area.
