OFF MARKET DEAL IN MANHATTAN WITH AIR RIGHTS.

Asking Price: $20 Million Dollars (+ 4%)

5-Story Commercial Building with Elevator

Plot Size: 30' x 100'

Built full Basement, Ground Floor, 2, 3, 4, 5th floors: 3,000

SF [+Expand]

OFF MARKET DEAL IN MANHATTAN WITH AIR RIGHTS.

Asking Price: $20 Million Dollars (+ 4%)

5-Story Commercial Building with Elevator

Plot Size: 30' x 100'

Built full Basement, Ground Floor, 2, 3, 4, 5th floors: 3,000

SF Total: 18,000 sf

Air Right: 33.000 sf

Taxes: $100,000/year

Delivered vacant with the exception of restaurant tenant located on the ground floor and basement They have another 12 years on lease with current rent at $22,000 per month with an 5 year renewal option.

Additional Information:

1. Are you aware of any structural issues with the building? No
2. Is the title clean? Yes
3. Any issues at all? None
4. Can the building be converted to a hotel? Yes
5. Can the building be converted to a condominium? Yes
6. Why is the seller selling? Retiring
7. Why are there so many vacancies? Seller occupied themselves except Ground and Basement

Click here for more information:
http://wholesalerealestateusa.com/property/details/?p=120608143805RKMMVRYQ [-Collapse]