Featured Commmercial Property  
327 E 116th St, New York, NY 10029   Web ID 444


Asking Price: $1,700,000
Approximate Sqft: 0
CAP Rate: 5.7%
Projected Gross Income: $114,000
Gross Expenses: $15,700
Projected Net Operating Income: $98,300
Zoning: R7B
Building Class: C3

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Featured Commmercial Property

Four unit multi-family building located in East Harlem. With a recent renovation including all the plumbing and electrical systems, this building is ready to go. The boiler and water heater are all in brand new condition as well. This is Harlem's next hot area for redevelopement. Near to the CostCo, Best Buy, and Target shopping center, as well as the new Hunter College Humanities Center, the area is fast becoming revitalized!
Lot Size: 16.67' x 100.92'

Projected Income Schedule
Apt. 1: $2,450
Apt. 2: $2,350
Apt. 3: $2,350
Apt. 4: $2,350

Annual Expense Schedule
RE Taxes: $4,000
Insurance: $4,000
Gas: $6,440
Water & Sewer: $720
Common Electric: $540

Patrick Todd

Patrick Todd

Web Id: 444

Office 212-994-3243
Cell 917-716-5168
Fax 212-627-8150


All information regarding a property for sale, rental or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

  City Connections Realty, Inc. supports Equal Housing Opportunity. The federal Fair Housing Act makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make such preference, limitation or discrimination." We will not knowingly accept or permit any advertisement for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.