FOR SALE
431 48th
NewYork, Hell's Kitchen, New York City, NY
FOR SALE
Asking
$3,899,000
BTC
61.273
ETH
1,227.00
Beds
9
Baths
8
Home Size
6,560 sq. ft.
Year Built
1901
Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month.
This is in a vibrant neighborhood brimming with multiple international hospitality options.
Plenty of room for the savvy to reconfigure financially as well as structurally.
In-place Income - $206,664
2024 Income - $323,340
Contact me for income and expenses.
LOADING
Location
Market Area
NewYork
Neighborhood
Hell's Kitchen
Agent
Christopher Halliburton
+1 310 910 1722