224 Lafayette Street, New York, NY 10012

1 Photo
 
$9,495,000
Active for Sale
 
Listing ID 11096140
Property Type Commercial Building
County New York
///miles.sang.enjoy
Neighborhood Soho
School New York City Schools
   
///miles.sang.enjoy
Introducing 224 Lafayette Street a legal 10 family (one unit was legally split into two) + 1 commercial store. The building is 24.5x46 on a 50 foot lot. You can build out back an additional four feet and you can build up an additional three floors. Seven units are currently vacant with 3 tenants remaining. Can be delivered fully vacant. Each of the 7 vacant units are currently FM. The pro forma RR would be 3000 per 1br unit x 10 apartments + 22,000 for the ground floor commercial. Brand new water boilers have been installed this year. This is a beautiful block & excellent investment opportunity for the right buyer. Expenses are only 75,000 yearly for the entire building.
Property Details
  • 6510 SF
  • Available 7/26/2022
Community Details
  • Low-rise (Bldg. Style)
Listed By
Oxford Property Group
Office: 516-650-8549
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