52,000 sf, Cap Rate: 9.0% , Zoning: C8-2, 52,000 SF, 2-story, elevatored commercial building on the busy block create non-stop pedestrian and automobile traffic. The property generates nearly $1,100,000 in gross income and with a net income of $874,000 the offering price represents a 9.0% capitalization rate. A savvy investor may see added value in approximately 20,000 SF of air rights the C8-2 zoning allows.
Off Market Office Building for sale in Downtown Manhattan 800,000 SF Available for sale a majority equity stake in an […]
50,000 sf, East 40s NY, NY Development/Conversion The subject development site is a 50` x 100` lot consisting of […]
Brooklyn, NY Downtown multi-family Building for sale, Cap Rate: 8.00% 14,100 sf, Cap Rate: 8.00% Building Type: Apartment Units […]