Turn-Key, Cash Flowing, Multi-Family Building w/ Additional Lot for Sale
All Units have been fully and tastefully renovated by the Master Builder/Owner (2021)
All new electric, plumbing, water lines from street and roofs (both buildings)
Being sold with additional adjacent vacant, buildable lot.
The builder of renowned NYC restaurants (Balthazar, Pastis, Diner, Marlow & Sons, Reynard and The Ides at the Wythe Hotel) presents this
turnkey Hudson 4-family, just minutes to Warren Street. The 4 completely renovated units include 2 separate buildings with 5 residential floors featuring new windows, appliances, updated baths and kitchens plus other upgrades. Off-street parking for 4 vehicles.
New renovations include new roof and electric service. - full renovation of three apartments in the main house with upgraded electric, plumbing, new bathrooms and kitchens. Washer/ dryers, and dishwashers in all units. New roofs on both houses with all new windows and insulation where possible. New water line from the street to the houses, as well as new water treatment system and new heating systems (except 3rd floor existing electric baseboards).
Full gut renovation of the rear carriage house which has been thoughtfully converted into a two-bedroom, loft-style, duplex apartment with a 2 bay garage.
True 7.3% cap rate. All units are separately metered with tenants paying utilities. Very low owner operating expenses.
Property being sold with adjacent buildable vacant lot at 6 Carle Avenue (additional 0.13 acres).Use it for additional parking, or additional new housing units (with approval).