Multi-family
Screenshot
For Sale
Multi-family
299, Broome Street, Manhattan Community Board 3, Manhattan, New York County, City of New York, New York, 10002, United States
Description
Listing Description: 299 Broome Street, New York, NY, 10002
Exceptional Investment Opportunity in the Lower East Side
Position yourself in the thriving Lower East Side with this outstanding investment property located at 299 Broome Street. This 3-star mid-rise apartment building offers a lucrative opportunity for investors looking to expand their portfolio in one of Manhattan’s most vibrant neighborhoods.
Key Features:
- Price: $9,250,000 ($355,769/Unit)
- Cap Rate: 4.46%
- Property Type: 3-Star Mid-Rise Apartments
- Location: Central Business District (CBD) of the Lower East Side
- Units: 26
- Stories: 7
- Gross Building Area (GBA): 15,060 SF
- Typical Floor Area: 1,581 SF
- Class: B
- Number of Buildings: 1
- Units per Area: 433/AC
- Market Segment: All
- Rent Type: Market
Advantages:
- Prime Location: Nestled in the heart of the Lower East Side, this property is surrounded by a diverse mix of trendy eateries, nightlife, and cultural attractions, ensuring consistent tenant demand.
- Steady Income Potential: With 26 market-rate units, this property offers reliable revenue and a strong return on investment.
- Modern Design: A well-maintained structure with a blend of contemporary amenities and classic New York City charm.
Don’t miss the chance to own a premium investment property in one of Manhattan’s most sought-after neighborhoods.
Contact us today for more information or to schedule a tour of this exceptional opportunity!
