242 East 40th Street | Murray Hill | $3,500,000

Yon bilding senk etaj ki gen itilizasyon miks, ki te konstwi anvan lagè (1920), ant Second ak Third Avenues, a kèk minit ap mache de Grand Central ak liy tren 4/5/6/7 yo.

• Gwosè (dapre PropertyShark): Apeprè 4,498 pye kare ki konstwi, sou yon anprint 18' × 53' atravè 5 etaj, ki gen ladan espas komèsyal nan etaj tè a. Tè a mezire 18' × 99'.
• Pri : $778/pye kare sou 4,498 pye kare ki konstwi, oswa $264 pou chak pye kare ki ka konstwi sou 13,282 pye kare, dapre PropertyShark.
• Inite : 8 inite an total. 7 inite rezidansyèl plis yon restoran nan etaj tè a, tout okipe. Etaj 1–3 yo chak gen yon estidyo ak yon apatman ki gen yon chanm, epi dènye etaj la gen yon apatman ki gen de chanm.
• Sitiyasyon lwaye : 5 nan inite rezidansyèl yo nan mache lib epi 2 ladan yo gen lwaye ki estabilize. Espas komèsyal la lwe.
• Revni: Apeprè $203,000 nan revni nèt operasyonèl (NOI) aktyèl, sa ki reprezante apeprè yon to kapitalizasyon 5.8% nan pri mande a. Inite yo gen kontè elektrisite apa; lokatè yo peye elektrisite a, epi restoran an peye yon pati nan taks sou byen imobilye yo.
• Zonaj : C1-9 / R10.
• Potansyèl devlopman: 13,282 pye kare maksimòm ki ka konstwi, dapre PropertyShark. Sa kite apeprè 8,784 pye kare dwa devlopman ki poko itilize, selon konfimasyon yon achitèk.

Revni an estab jodi a, avèk espas pou ogmante li pita. Lis lwaye a ak deklarasyon operasyonèl la disponib sou demann.

242 East 40th Street | Murray Hill | $3,500,000

A prewar (1920) five-story mixed-use building between Second and Third Avenues, a short walk from Grand Central and the 4/5/6/7 trains.

• Size (per PropertyShark): About 4,498 SF built, on an 18' × 53' footprint across 5 stories, including the ground-floor retail. The lot is 18' × 99'.
• Pricing : $778/SF on 4,498 SF built, or $264 per buildable SF on 13,282 SF, both per PropertyShark.
• Units : 8 Units total. 7 residential units plus a ground-floor restaurant, 100% occupied. Floors 1–3 each have a studio and a one-bedroom, and the top floor is a two-bedroom.
• Rent status : 5 of the residential units are free market and 2 are rent-stabilized. Commercial rented.
• Income: About $203,000 in current NOI, roughly a 5.8% cap rate at asking. Units are separately metered for electric, which tenants pay, and the restaurant covers part of the real estate taxes.
• Zoning : C1-9 / R10.
• Development upside: 13,282 SF maximum buildable, per PropertyShark. That leaves about 8,784 SF of unused development rights, subject to architect confirmation.

Stable income today, with room to grow later. Rent roll and operating statement available on request.