114 Stanton St 6 Unit Apartment Building $4,650,000 ($775,000/Unit) 6% Cap Rate New York, NY 10002
INVESTMENT HIGHLIGHTS
- LES Investment
- Mixed-Use
- Prime Retail
- Minutes away from Delancey Street Subway Station - F, M, J, & Z Trains
EXECUTIVE SUMMARY
Safdie Realty Group is pleased to present, on exclusive retainment to offer for sale 114 Stanton Street, New York, NY 10002
“The Property” a brick 6-story, mixed-use walk-up property located between Ludlow & Essex Street.
114 Stanton Street spans 8,052 square feet consisting of five (5) residential units over commercial retail. The retail is being occupied by District One, a premier retailer in LES with 22 ft of frontage on Stanton. One Residential unit can be delivered Vacant at close. Short walk away from the Delancey St Station servicing the F, M, J & Z & lines. The property's ideal location provides instant access to extensive dining, entertainment, and nightlife the Lower East Side has to offer.
For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Roni@safdierealtygroup.com
“The Property” a brick 6-story, mixed-use walk-up property located between Ludlow & Essex Street.
114 Stanton Street spans 8,052 square feet consisting of five (5) residential units over commercial retail. The retail is being occupied by District One, a premier retailer in LES with 22 ft of frontage on Stanton. One Residential unit can be delivered Vacant at close. Short walk away from the Delancey St Station servicing the F, M, J & Z & lines. The property's ideal location provides instant access to extensive dining, entertainment, and nightlife the Lower East Side has to offer.
For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Roni@safdierealtygroup.com
PROPERTY FACTS
| Price | $4,650,000 |
| Price Per Unit | $775,000 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 8,052 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1900 |
| Zoning | C4-4A - The C4-4A Zoning District has commercial & residential uses. The commercial uses include department stores, retail, entertainment, office. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Basement
SITE AMENITIES
- 24 Hour Access
- Gated
1 of 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 0412-0075 | Improvements Assessment | $862,313 |
| Land Assessment | $191,250 | Total Assessment | $947,700 |
