Manhattan, NY 10003,53 E 7th Street #HSE
Manhattan, NY 10003,53 E 7th Street #HSE
Manhattan, NY 10003,53 E 7th Street #HSE
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Listing Courtesy of Compass
$5,500,000
Est. payment /mo
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20 Beds
12 Baths
10,116 SqFt
Active

53 E 7th Street #HSE Manhattan, NY 10003

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,116 sqft

Price per Sqft $543

Subdivision East Village

MLS Listing ID RLS20022574

Style Walk-Up

Bedrooms 20

HOA Y/N Yes

Year Built 1910

Annual Tax Amount $113,340

Property Sub-Type Multi Family

Property Description

This well-maintained 12-unit building stands as a testament to diligent upkeep, with key structural and mechanical systems such as the façade, parapet, gas lines, roofing, and lead compliance all thoroughly maintained. All major components are current, minimizing deferred maintenance.

The 12 units, while similar in size, offer a variety of 1-, 2-, and 3-bedroom layouts, appealing to a diverse tenant population and allowing for rental flexibility. Recently, four free-market apartments have been upgraded with in-unit washer/dryers, adding convenience for tenants and enhancing rental value.

The pro forma Net Operating Income (NOI) is dependable, derived from conservative projections for increases in free-market unit rents and confirmed rental growth for rent-stabilized apartments. With full occupancy, no arrears, and no outstanding issues, this property represents a turnkey investment opportunity.

Location

State NY

County New York

Building 53 E 7th Street

Rooms

Basement Crawl Space, Full

Interior

Interior Features High Ceilings

Heating Central

Cooling Other

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher

Laundry In Unit, See Remarks

Exterior

View Y/N No

Private Pool No

Building

Dwelling Type Multi Family,Townhouse

Story 5

New Construction No

Others

Ownership None

Monthly Total Fees $9, 445

Pets Allowed Building No, No


REBNY IDX

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agent

Anthony Guerriero

Broker

+1(646) 376-8752

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53 E 7th Street #HSE

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