Commercial For Sale near East River
Rare investment opportunity for this 22 units mixed use building in Lower East Side with 6% cap rate. Total of 18 two-bedrooms residential units and 4 store units total of 22 units (C4-4A Zoning). All 4 stores are vacant and 1 two-bedrooms unit will be delivered, remaining 17 two-bedrooms units with leases. New flat roof and exterior wall refreshed within 2 years. Hot water heater was replaced within 2 years. High annual rental income of $340,000 and consistently generated substantial profits. Price aggressively for today's market.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 9618
- Year Built: 1900
- Location: East River
- Acres: 0.059
- County: New York County
- Heat/AC: Natural Gas, Other (Heating), Steam
- Siding: Brick
- Roof: Flat
- Stories: 5
- Property Taxes: $58,000
- MLS #: 490575
Location
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Contact Information:
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Listing Agent: Siu Lun (Allen)Tang, RE/MAX Real Estate Professiona, 718-872-5522, 718-872-5522 Listing Site, Listing Status: Active
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 7170867 |
| Viewed: | 37 times |
| Added: | Jan 15, 2026 |
| Updated on: | Feb 18, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
