Multi-family

Welcome to 1739 2nd Ave, a prime investment opportunity offering 10 units spread across 8,023 square feet, available for sale at $3,700,000 ($370,000 per unit). Located in the desirable Upper East Side, this property is an ideal choice for investors seeking a mid-rise residential building with steady rental potential.

Property Overview:

• Address: 1739 2nd Ave, New York, NY 10128
• Sale Price: $3,700,000 ($370,000/Unit)
• Units: 10
• Stories: 5
• Class: C
• Gross Building Area (GBA): 8,023 SF
• Typical Floor Size: 1,604 SF
• # of Buildings: 1
• Units per Acre: 233/AC
• Rent Type: Market

Key Features:

• Prime Upper East Side Location: Situated in a well-established residential area with proximity to retail, dining, and transportation, this property is positioned to attract long-term tenants in a high-demand urban market.
• Solid Investment Opportunity: With 10 units across 5 stories, this building offers steady cash flow potential. The property is fully rented at market rates, providing immediate income for investors.
• Spacious Layouts: The typical floor size of 1,604 square feet per floor offers generous living space for residents, enhancing the property’s appeal and long-term rental value.
• Urban Setting with Strong Demand: Located in an urban area with a high demand for rental units, this property benefits from a steady stream of potential tenants looking for well-maintained, centrally-located apartments.

Conclusion:

1739 2nd Ave represents a lucrative opportunity for investors seeking a mid-rise apartment building in the heart of Manhattan’s Upper East Side. With its strategic location, steady rental income, and well-maintained units, this property is ideal for those looking to expand their real estate portfolio. Don’t miss the chance to acquire this highly desirable investment asset!