Located in Chelsea near the meatpacking district on the east side of 8th Avenue between West 15th Street and West 14th Street, one block from Google headquarters. Property is primarily a 2-Family with One Store on the Ground Floor and a Residential duplex above. Built in 1901. Perfect for user investor. Currently 1 tenant, the Commercial unit on the first floor. The Residential duplex on floors 2 and 3 are currently vacant. Commercial Unit – Pay-O-Matic Store – Monthly Rent $15,000 / Annual $180,000 with 3% annual escalations. Lease Expiration 11/30/2031 Residential Unit – Delivered Vacant, potential monthly Rent $14,000 / potential annual rent $168,000 Total monthly potential income $29,000 / Total annual potential income $348,000. Total Annual Operating Expenses – ($39,642) Potential NOI: $ 308,358 Annually