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

Ilé onípakà márùn-ún tí a kọ́ ṣáájú Ogun (1920), tí ó ní ìlòpọ̀, láàárín Second àti Third Avenues, tí ó sì jẹ́ ìrìn àjò kúkúrú sí Grand Central àti àwọn ọkọ̀ ojú irin 4/5/6/7.

• Ìwọn (gẹ́gẹ́ bí PropertyShark): Nǹkan bí 4,498 SF ni a kọ́, lórí ìpìlẹ̀ 18' × 53', káàkiri àwọn ìpakà márùn-ún, pẹ̀lú ilé ìtajà ilẹ̀-àkọ́kọ́. Ìpínlẹ̀ ilẹ̀ náà jẹ́ 18' × 99'.
• Iye owó : $778/SF lórí 4,498 SF tí a kọ́, tàbí $264 fún SF tí a lè kọ́ lórí 13,282 SF, àwọn méjèèjì gẹ́gẹ́ bí PropertyShark.
• Àwọn ẹ̀ka ilé : Àpapọ̀ ẹ̀ka ilé 8. Àwọn ẹ̀ka ibùgbé 7 pẹ̀lú ilé-òwò oúnjẹ kan ní ilẹ̀-àkọ́kọ́, gbogbo wọn sì ti wà ní ayálégbé 100%. Àwọn ìpakà 1–3 kọ̀ọ̀kan ní yàrá studio kan àti yàrá ibùsùn kan, nígbà tí ìpakà òkè jẹ́ ilé oníyàrá ibùsùn méjì.
• Ipò iyalo : 5 nínú àwọn ẹ̀ka ibùgbé náà wà lábẹ́ iye iyalo ọjà, 2 sì wà lábẹ́ ìdúróṣinṣin iye iyalo. A ti yá ilé òwò náà.
• Owó tí ń wọlé : Nǹkan bí $203,000 ni NOI lọ́wọ́lọ́wọ́, tó sì jẹ́ nǹkan bí 5.8% cap rate ní iye tí a béèrè. A ti ya mita iná lọ́tọ̀ fún àwọn ẹ̀ka ilé; àwọn ayálégbé ló ń san owó iná, ilé-òwò oúnjẹ náà sì ń bo apá kan nínú owó-ori ohun-ìní.
• Ìpínlò ilẹ̀ : C1-9 / R10.
• Àǹfààní ìdàgbàsókè: 13,282 SF ni ó pọ̀ jù lọ tí a lè kọ́, gẹ́gẹ́ bí PropertyShark. Èyí fi nǹkan bí 8,784 SF àwọn ẹ̀tọ́ ìdàgbàsókè tí a kò tíì lò sílẹ̀, tí ó sì nílò ìmúdájú ayàwòrán ilé.

Owó tí ń wọlé jẹ́ dídúróṣinṣin lónìí, pẹ̀lú ààyè fún ìdàgbàsókè lọ́jọ́ iwájú. Àkọsílẹ̀ àwọn ayálégbé àti gbólóhùn ìṣiṣẹ́ wà lórí ìbéèrè.

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.