Property Description

Prime Manhattan Location. Proven Demand. Delivered Vacant. One-of-a-kind investment opportunity in Central Manhattan. Key takeaways include:- Cap Rate 5%- Ideally located just two blocks from multiple subway lines- Surrounded by food markets, restaurants, and everyday conveniences.- A major hospital is only one block away, making this property especially attractive to hospital staff- Consistently strong rental demand with minimal vacancy.Each apartment is equipped with split systems providing both heating and air conditioning for year-round comfort. The building features newly installed hot water boilers and a recently upgraded electrical system, offering peace of mind for investors.Additional amenities include a coin-operated washer and dryer conveniently located in the hallway for tenant use.Property can be delivered vacant, providing flexibility for repositioning, owner occupancy, or lease-up at current market rents.Will sell fast!

Property Features