224 E 12th St
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224 E 12th St
Dormitory $14,900,000 New York, NY 10003
Investment Highlights
- Fully Renovated
- 3 levels of common/entertaining/office space and 3 levels of living space
Executive Summary
Owned and developed by a non-profit institution for its youth education programs, the 23'3" x 70' community facility building was gut renovated in 2012 into its current configuration. There are approximately 10,000 sq ft on five above grade floors and one lower level floor, all serviced by a commercial grade elevator. All new steel and concrete construction. Building is ADA compliant and C of O is approved for NYC zoning use Group 3. Delivered Vacant.
LAYOUT:
Lower Level: Commercial grade communal kitchen, open floor layout, bathroom, opens to excavated rear garden.
First Floor: Grade level with disability access, bathroom, open floorplan
Second Floor: Open floor plan, bathroom.
Third Floor: Dormitory with 22 beds, shared communal baths.
Fourth Floor: A two bedroom/2 bath apartment and a studio apartment.
Fifth Floor: Dormitory housing 24 beds in 2 large rooms, shared communal baths.
The location is convenient to both East and West Village attractions and educational institutions.
LAYOUT:
Lower Level: Commercial grade communal kitchen, open floor layout, bathroom, opens to excavated rear garden.
First Floor: Grade level with disability access, bathroom, open floorplan
Second Floor: Open floor plan, bathroom.
Third Floor: Dormitory with 22 beds, shared communal baths.
Fourth Floor: A two bedroom/2 bath apartment and a studio apartment.
Fifth Floor: Dormitory housing 24 beds in 2 large rooms, shared communal baths.
The location is convenient to both East and West Village attractions and educational institutions.
Property Facts
| Price | $14,900,000 | Lot Size | 0.06 AC |
| Sale Type | Investment or Owner User | Building Size | 10,000 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Dormitory | Year Built/Renovated | 1910/2012 |
| Building Class | C |
| Price | $14,900,000 |
| Sale Type | Investment or Owner User |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,000 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1910/2012 |
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Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 0467-0021 | Improvements Assessment | $2,523,571 |
| Land Assessment | $675,000 | Total Assessment | $2,634,120 |
PROPERTY TAXES
Parcel Number
0467-0021
Land Assessment
$675,000
Improvements Assessment
$2,523,571
Total Assessment
$2,634,120
zoning
| Zoning Code | R8B |
| R8B |
-
Wolf Jakubowski -
Brown Harris Stevens
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224 E 12th St
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