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2108-2110 2nd Ave , New York, New York 10029

New Exclusive
Asking Price: $ 4,499,999
http://www.ergpa.com/property/2108-2110-2nd-ave-new-york-new york  (link to this property)

Block/Lot:
1680/0053
Zoning:
R9A
Lot Size (Approx.):
32.92 x 100
Lot SF (Approx.):
3,292
Building SF (Approx.):
11,970
Property Zip Code:
10029
Property State
New York
Property City:
New York
Property Address:
2108-2110 2nd Ave
Special Label:
New Exclusive
Building Size (Approx.):
33 x 75
Stories:
5
Total Residential Units:
16
Investor Property Type:
Mixed Use
Units:
18
Commercial Units:
2
Map View
State
New York
Location
Contact
Anthony Musso
646.253.0960
amusso@ergcre.com
Anthony Yacovone
646.253.0988
ayacovone@ergcre.com
Thomas Valderrama
646.253.0965
tvalderrama@ergpa.com
Take Action
2108-2110 2nd Ave is an 18-unit 5 story mixed use walkup building consisting of 2 commercial and 16 residential units. Both commercial units are currently vacant and 15 of the 16 residential units are currently occupied. All rents are approximately 40-50 % below market value, presenting a tremendous value add investment opportunity. Air rights have already been transferred and are not included in this sale. The subject property is one avenue over from the 4,5 and 6 subway lines and less than a quarter mile from the new Q line on 2nd Avenue. Located up the avenue is also the Robert F. Kennedy Bridge, which provides easy access to and from Queens and The Bronx. This 18-unit Mixed-Use building is in the heart of the up and coming area of East Harlem. The upside potential in rents and the prime location make this an attractive investment to renovate units and increase property value.
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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.
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