Address:
331 E 52nd Street
New York, NY 10022
United States
Property Type
Price
$7,740,000
This is a fully renovated five story building in Midtown Manhattan,
- Fully updated interiors
- In-unit washer & dryer
- Stainless steel appliances
- All apartments are separately metered
- Tenants pay their own electric heating, hot water, and electricity
- Property Type: Five-story walk-up multifamily building
- Total Units: 9 legally designated residential units
- Basement: Finished basement includes a 2-bedroom / 1-bath unit with backyard access
- Unit Mix:
- 3 Studio Apartments
- 4 Four-Bedroom Apartments
- 2 Three-Bedroom / Two-Bathroom Apartments
- Total Gross Annual Income: $446,400
- Net Operating Income (NOI): $387,600
- Cap Rate:5%
? Additional Information
- All tenants are current on rent
- Legal rent increase of up to 5% annually for new tenants
- Prime Midtown East location with strong rental demand
Posted Date
featured
No
still in the market
| Attachment | Size |
|---|---|
| 331 East 52nd Street Cellar 01-21-2025.pdf (201.82 KB) | 201.82 KB |
| Approved GC Plans- P2 03.31.22.pdf (3.93 MB) | 3.93 MB |
| combinepdf (1).pdf (200.43 KB) | 200.43 KB |
| setup, 331 E 52nd ST. NYC.pdf (164.01 KB) | 164.01 KB |