220 East 49th Street, House
Turtle Bay | Third Avenue & Second Avenue
Rooms
33
Bedrooms
9
Bathrooms
10
Status
Active
Property Description
This ten-unit, five-story walk-up building contains nine one-bedroom units and one studio unit. The unit mix is comprised of three rent-stabilized and seven free-market units.
This opportunity is unique in that it can be utilized as a live plus income investment or be held as a cash-flowing asset. A potential user/investor has the ability to occupy and/or combine the entire first floor for personal use, which features a private, 525 square foot south-facing garden. Furthermore, the three stabilized units are rented at approximately 65% of fair market value, providing future upside for an investor.
This ten-unit, five-story walk-up building contains nine one-bedroom units and one studio unit. The unit mix is comprised of three rent-stabilized and seven free-market units.
This opportunity is unique in that it can be utilized as a live plus income investment or be held as a cash-flowing asset. A potential user/investor has the ability to occupy and/or combine the entire first floor for personal use, which features a private, 525 square foot south-facing garden. Furthermore, the three stabilized units are rented at approximately 65% of fair market value, providing future upside for an investor.
Listing Courtesy of Garfield, Leslie J. & Co., Inc.
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Apartment Features
A/C
Building Details [220 East 49th Street]
Ownership
Income Property
Service Level
Voice Intercom
Access
Walk-up
Pet Policy
No Dogs
Block/Lot
1322/41
Building Size
21'x75'
Zoning
R8B
Building Type
Townhouse
Age
Pre-War
Year Built
1910
Floors/Apts
5/10
Lot Size
21'x100'4"
Building Amenities
Garden
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Fair Housing
