Multi-family
Description
Introducing 1330 3rd Avenue, New York, NY 10075
Presenting a compelling investment opportunity, 1330 3rd Avenue is a well-positioned 2-star mid-rise apartment building located in an urban area of New York City. Available for purchase at $9,000,000 ($1,000,000 per unit), this property features nine units across five stories, making it a valuable addition to any real estate portfolio.
Property Details:
- Address: 1330 3rd Avenue, New York, NY 10075
- Sale Price: $9,000,000 ($1,000,000/Unit)
- Sale Type: Investment
- Building Type: 2-Star Mid-Rise Apartments
- Location: Urban
- Units: 9
- Stories: 5
- Class: C
- Gross Building Area (GBA): 7,312 sq. ft.
- Typical Floor Area: 1,287 sq. ft.
- Number of Buildings: 1
- Units per Acre: 300
- Rent Type: Market
Key Features:
Stable Investment Returns
With nine units and a gross building area of 7,312 square feet, 1330 3rd Avenue presents a solid investment opportunity in a prime urban location. Its pricing per unit, combined with the strong rental market in New York, ensures attractive rental income potential, appealing to a variety of tenants.
Urban Accessibility
Located in a vibrant urban area of New York City, this property benefits from close proximity to essential amenities, public transportation, shopping, and entertainment. The active neighborhood supports a consistent demand for rental properties, making it an ideal investment for steady long-term returns.
Appealing Market Rental Options
This Class C building offers market-rate rental options, providing flexibility for investors and appealing to a broad tenant demographic, ensuring continuous occupancy and reliable rental income.
Conclusion:
1330 3rd Avenue is a noteworthy investment opportunity for buyers looking to acquire a mid-rise apartment building in an attractive New York urban setting. With its appealing unit count, competitive pricing, and location advantages, this property is an excellent choice for investors looking to strengthen their real estate portfolio in New York City.
