157 North 5th Street, New York, NY, 11211
$3,600,000
activeLot Size
0.06 sqft
Year Built
1899
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.
Listed by Thomas J. Gagliano II, eRealty Advisors, Inc
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