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New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
4,660 sqft
Lot size
N/A
Tax
$ 90,884
$ /sqft
$ 1,178
Half Bath/WC
-
Parking Space
0
Building
Kips Bay
On market
1 day
$ /sqft
$ 1,178
Type
other
Year Built
1910
Unit
-
Zip Code
10016
Ref./MLS ID
OLRS-0094978
DESCRIPTION
Great opportunity to purchase this mixed-use building in the heart of the thriving kip's bay neighborhood of manhattan. The building is located between lexington avenue and third avenue and consists of the ground floor restaurant/bar, jack diamond's, plus the three residential floors above. The restaurant has 3% annual increases in the monthly rent and is a few years into a fifteen year lease. The residential apartments are all free market and are all leased. There is room to raise residential rents which are currently are below market rates. There is also the possibility of renovating the apartments and significantly increasing the rents.
the heat is electric and the responsibility of the tenant. Additionally, 140 east 27th st is located a few blocks from the 28th st subway (6 line). The mta bus stops uptown on third avenue and downtown on lexington avenue. The mta crosstown bus is on 23rd street and 34th street.
on-premises 4:00am liquor license.
building facade and interior hallways have recently been painted.
building is being offered for sale "as-is".
note: photos of the restaurant are prior to the latest renovation.
disclaimer: financials provided are contain estimated dollar amounts and are subject to verification and change.
Data is provided by The Real Estate Board of New York, Inc..
Listed on October 01, 2024 by James Manning from Station Cities, this other is for sale. other for sale in New York City listed at $5,490,000, Reference OLRS-0094978
The multiple listing information is provided by The Real Estate Board of New York, Inc.® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The Real Estate Board of New York, Inc.®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by The Real Estate Board of New York, Inc.® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The Real Estate Board of New York, Inc.®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.