445 W 36th Street Active

Manhattan,NY 10018

$ 12998000

20 Beds

20 Baths

8214 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,214 sqft

Price per Sqft $1,582

Subdivision Hudson Yards

MLS Listing ID RLS20039872

Style Walk-Up

Bedrooms 20

HOA Fees $8,000/mo

Year Built 1900

Annual Tax Amount $164,304

Property Sub-Type Multi Family

Property Description

This is a RARE Investment OPPORTUNITY to own a fully occupied rental building. The building, which is well run, is in walking distance to the Hudson Yards, with all its amenities, shopping and restaurants. The building is nestled between many new buildings on 36th street and just around the corner from the long-established Glass Farmhouse Condo along with the Baryshnikov Arts Center on West 37th.
The property is a 25 ft wide, 6 story fully occupied building that was built in 1900. It currently has 24 rental apartments. Each apartment is a studio and 2 of the ground floor units share outdoor space. Several units have been renovated; The basement is well maintained with all updated utilities.

This could also be a great New Development opportunity. There is only one rent stabilized apartment and the remaining 23 apartments command fair market rent. Zoning permits the add on of more floors to the building. There is 6,639 ft of unused buildable area.
The Zoning is: R8A
Building sqft: 8,214
Lot dimensions: 25' x 98.75'
Building dimensions: 25' x 51.

Rent Roll, Income and Expenses available upon request.

Location

State NY

County New York

Interior

Laundry See Remarks

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

Building

Story 6

New Construction No

Others

Monthly Total Fees $21,692

Pets Allowed Building No,No

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