Fully rented six-family walk-up in Sunnyside with three ground-level parking garages - income-producing parking is hard to find in the neighborhood's pre-war stock. All six apartments are 1-bedrooms of approximately 600 square feet, three free market and three rent stabilized, and every unit in the building is lead exempt. The neighborhood's pre-war walk-ups sit minutes from Midtown on the 7 train (46th St-Bliss St and 52nd St stations, roughly 10 minutes to Grand Central). Strong in-place income at actual rents from easy-to-lease 1-bedroom layouts, with garage income on top. An ideal fit for an owner-operator or 1031 buyer seeking durable cash flow. Full setup, rent roll, and operating statement available upon request.
Listing courtesy of Dimitrios Kapelonis with GRAVITY REAL ESTATE ADVISORS LLC