Multi-family
- $11,500,000
Multi-family
- $11,500,000
Description
Listing Description: 42-44 Canal Street, New York, NY, 10002
Prime Investment Opportunity in Manhattan’s Chinatown
Discover a rare chance to invest in a centrally located mid-rise apartment building at 42-44 Canal Street. This 2-star property presents a unique blend of potential and value, making it an excellent addition to any investment portfolio.
Key Features:
- Price: $11,500,000 ($2,300,000/Unit)
- Cap Rate: 2.40%
- Property Type: 2-Star Mid-Rise Apartments
- Location: Central Business District (CBD), Chinatown
- Units: 5
- Stories: 5
- Gross Building Area (GBA): 4,620 SF
- Typical Floor Area: 924 SF
- Class: C
- Number of Buildings: 1
- Units per Area: 250/AC
- Rent Type: Market
Advantages:
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