229 E 2nd St - Apartments CONDO FOR SALE


New York, NY 10009- East Village
$999,000 USD
917-365-1800
229 E 2nd St, New York, NY for Sale
$999,000 USD
Apartments CONDO - FOR SALE
1/19
null | 9.43% Cap Rate

229 E 2nd St
New York, NY 10009
East Village


HIGHLIGHTS

  • Approved by Department of Education- Adult Day Care/Education Facility- R8 Zoning
  • Best Location
  • New Construction

OVERVIEW

Delivered Vacant for a User or for an investor to rent out and enjoy 9.4% cap rate projected Or Delivered Rented 9.4% cap rate projected Zoning and Permitted Uses Under the R8A zoning district, the following uses are generally permitted: Community Facility Use: This encompasses a range of non-commercial uses that serve the community, such as: a) Educational facilities (e.g., schools, libraries, educational and training) b) Religious institutions c) Medical facilities (e.g., clinics, hospitals, doctors, dentists, clinics, emergency services, counseling services, social services, homeless services, vocational training services, etc.) d) Cultural institutions (e.g., museums, non-profit art galleries) It's important to note that commercial uses are generally not permitted in R8A districts unless the property has a commercial overlay or a special permit is obtained. However, community facility uses are allowed and can include certain cultural institutions.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$540 USD /SF

CAP RATE

9.43%

# OF UNITS

1

CONDO SIZE

-

% LEASED

0%

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

9.4% Cap Manhatn Store Condominium CommunityF

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

7,300 SF

STORIES

6

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R7-2

APN/PARCEL ID

0384-1408

ASK ABOUT THIS PROPERTY

Andrew LichtensteinAndrew Lichtenstein, Inc. d.b.a. LichtensteinREMore Info
917-365-1800

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Andrew LichtensteinAndrew Lichtenstein, Inc. d.b.a. LichtensteinREMore Info
917-365-1800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.