Other for sale in New York

Welcome to an exceptional investment opportunity perfect for savvy investors & daily commuters seeking to capitalize on a lucrative market. This outstanding 6-family dwelling offers a unique chance to own a substantial piece of income-generating real estate. Each unit boasts a generous layout with 2 bedrooms, a dining area, ample storage, & features such as modern kitchens, upgraded bathrooms. hardwood floors, high ceilings, & abundant natural light. A detached double garage, coupled with additional driveway parking, ensures ample space for vehicles. The fenced rear yard is an inviting space for entertainment or a play area, adding to the charm and functionality of the property. The building operates under rent stabilization, generating a robust annual income of $126K against expenses of just $36K, highlighting the solid returns on investment. With a full basement that presents potential for further development & an unbeatable location less than 0.5 miles to Ludlow Metro North station,

Reference: 36112_FHD1492055

Key Features
8729 SqFt.
0.11 Acres
Built in 1913
Adult Community: No
Waterfront: No
Pool: No
View: Yes Ref: 36112-FHD1492055