2152 Muliner Avenue, New York, NY, 10462
$3,200,000
activeLot Size
3,300 sqft
Year Built
1940
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Rare opportunity to acquire 10 newly finished studio apartments, each with its own individual HVAC system, modern kitchen with stainless steel appliances, quartz countertops, and stylish bathrooms. Bright, open layouts maximize natural light and feature high-quality finishes throughout, providing move-in-ready comfort and long-term appeal. Currently fully vacant, these units offer investors a turnkey opportunity with strong rental potential. At full occupancy, projected gross income is $24,040/month ($288,480/year), resulting in a potential market capitalization (cap rate) of ~8.2% at the asking price of $3.2M.
Listed by Artan Volaj, Metro Scape Realty LLC
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