Multi-family
  • $9,250,000

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:

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