Ang 172 East 112th Street ay nag-aalok ng isang 20-yunit na mixed-use investment opportunity sa East Harlem, Manhattan, na inaalok sa halagang $3,240,000.

Ang ari-arian ay binubuo ng 18 rent-stabilized na residential apartments at dalawang retail spaces sa unang palapag. Kasalukuyan itong bumubuo ng halos $406,450 sa taunang gross operating revenue at $228,230 sa aktwal na NOI, na kumakatawan sa isang 7.04% kasalukuyang capitalization rate.

Ang mga Apartment 2D at 3B ay kasalukuyang bakante, na walang kita mula sa alinmang yunit na kasama sa kasalukuyang NOI. Ang Apartment 2D ay kasalukuyang undergoing renovation, na pinapalagay ng may-ari na makakabuo ng halos $2,500 bawat buwan pagkatapos ng pagkakompleto, habang ang Apartment 3B ay inaasahang makakabuo ng halos $2,100 bawat buwan. Magkasama, ang dalawang yunit ay kumakatawan sa halos $55,200 sa potensyal na karagdagang taunang gross income, na nagreresulta sa isang inaasahang 8.75% pro forma capitalization rate.

Ang parehong retail spaces sa unang palapag ay okupado sa ilalim ng mga long-term lease, na nagbibigay ng isang itinatag na daloy ng komersyal na kita.

Asking Price: $3,240,000 Kasalukuyang Cap: 7.04% Pro Forma Cap: 8.75% $162,000 Bawat Yunit

172 East 112th Street presents a 20-unit mixed-use investment opportunity in East Harlem, Manhattan, offered at $3,240,000.

The property consists of 18 rent-stabilized residential apartments and two ground-floor retail spaces. The property currently generates approximately $406,450 in annual gross operating revenue and $228,230 in actual NOI, representing a 7.04% current capitalization rate.

Apartments 2D and 3B are currently vacant, with no income from either unit included in the current NOI. Apartment 2D is currently undergoing renovation, with ownership projecting approximately $2,500 per month upon completion, while Apartment 3B is projected at approximately $2,100 per month. Together, the two units represent approximately $55,200 in potential additional annual gross income, resulting in a projected 8.75% pro forma capitalization rate.

Both ground-floor retail spaces are occupied under long-term leases, providing an established commercial income stream.

Asking Price: $3,240,000 Current Cap: 7.04% Pro Forma Cap: 8.75% $162,000 Per Unit