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215 East 26th Street, HOUSE
New York, NY 10010
Kips Bay

Off Market

Property Type
House
Estimated Size
10,095 ft²
Price per ft²
$1,674
Bedrooms
0 Bedrooms
Bathrooms
0 Bathrooms
Home Style
TH Single Family
Common Charges
N/A
Taxes
$214,147
Tax Deduction
N/A
Financing Allowed
N/A
New Development
N/A
Building
215 East 26th Street
Building Year
N/A
Building Floors
5 floors
Building Units
N/A
Elementary School
PS 116
Middle School
104
Days on RealDirect
N/A

Stephen P. Wald Real Estate Associates, Inc. has been exclusively retained to represent the sale of 215 and 217 East 26th Street, which consists of 2 contiguous, mixed-use apartment buildings. Built in 1912, the buildings have a total of 26 residential units and 4 commercial units. The rent roll is substantially below market on all free market apartments and the rent controlled tenant is in the process of being evicted due to illegal subletting. One of the four retail tenants is on a month-to-month basis, providing a significant upside for the owner. All building mechanicals in good condition and all free market apartments recently renovated. This property represents excellent upside potential.

Features

  • Renovated
  • Investor

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Mortgage Calculator

Mortgage Amount

$550,000

This property allows up to 0% financing. You may need to increase your down payment.

Mortgage Payment

$2,200

Total Monthly Payment

$2,900

Listing History

May 20, 2016 Delisted $16,900,000
Aug. 1, 2015 Delisted $16,900,000
April 4, 2015 Available $16,900,000

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