917-749-0637
76 Irving Pl, New York, NY for Sale
Apartments - FOR SALE
1/40
null | Request Cap Rate

76 Irving Pl
New York, NY 10003
Gramercy Park


OVERVIEW

Call for pricing on guidance. Income $510,000 Expenses $177,400 NOI $332,630. Executive Summary: Rare sale of this pristine 22 unit apartment building located at 76 Irving Place, situated 1 block below Exclusive Gramercy Park between 18th and 19th street. This beautiful 6 story elevator apartment building consists of a total of 22 units, 20 studios, one 1 bedroom, and one 2 bedroom. 15 units are rents stabilized and the other 7 at fair market rents. PROPERTY FACTS Price: Undisclosed Building Class : B Price Per Unit Lot Size Sale Type Investment Building Size: 12,492 No. Units 22 + Super Average Occupancy 100% Property Type: Multifamily No. Stories 6 Property Subtype Apartment Year Built 1910 Apartment Style Low Rise Opportunity Zone Income: $510,000 Expenses: $177,400 NOI: $332,630 CAP Rate 5.3 at $6.3M Any rent or income information in this offering memorandum, with the exception of actual, historical rent collections, represent good faith projections of potential future rent only, and Salizzoni Realty makes no representations as to whether such rent may actually be attainable. Local, state, and federal laws regarding restrictions on rent increases may make these projections impossible, and Buyer and its advisors should conduct their own investigation to determine whether such rent increases are legally permitted and reasonably attainable.

FOR SALE DETAILS

PRICE

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# OF UNITS

22

CAP RATE

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% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R8B

APN/PARCEL ID

0874-0061

ASK ABOUT THIS PROPERTY

Denise SalizzoniSalizzoni RealtyMore Info
917-749-0637

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Denise SalizzoniSalizzoni RealtyMore Info
917-749-0637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.