Bowery Mid Block prime location building for sale

Open house date : investment - From:Array to Array

Bowery 10,000 SF Retail Building Offered For Sale in New York, NY

HIGHLIGHTS

• Very Heavy Foot Traffic
• Major Upcoming Neighborhood   SOHO/NOLITA/LES
• Tear Down and Build Up

INVESTMENT SUMMARY

TAKING BIDS!!!
212 Bowery NYC 10012
NoLita/LES/SOHO
Bid Ends November 15th, 2019
4 Stories 7220, SqFt
25×100 LOT
6.5 F.A.R. Community Facility=16,500SqFt
6.0 F.A.R. Mixed Use=15,000SqFt

Price	13000000	Lot Size	0.06 AC
Sale Type	Investment	Gross Leasable Area	10,000 SF
Sale Conditions	Build to Suit Redevelopment Project	No. Stories	4
Property Type	Retail	Year Built	1900
Property Sub-type	Storefront Retail/Office	Zoning Description	C6-1
Building Class	C	APN / Parcel ID	0492-0029

4 Stories 7220 SqFt 25×100 LOT

Zoning: C-6-1 6.5 F.A.R. Community Facility=16,500SqFt

6.0 F.A.R. Mixed-Use=15,000SqFt

Income: Store/Gallery-$25,886 + $300 Per Month

2nd Floor: $9811-water included

3rd Floor: $8268 -water included

4th Floor: $7803 -water included

Total: $52,068 Per Month = $624, 816 Per Annum

Taxes(current): $145, 373 Year

Water & Sewer Approximately=$6000 Per Year

Insurance: $7000 Per Year

Net Operating Expenses: $466, 443 Yearly