260-268 Elizabeth St | New York, NY 10012
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260-268 Elizabeth St
New York, NY 10012
260-268 Elizabeth St, NY NY · Multifamily Property For Sale · 43 Units
INVESTMENT HIGHLIGHTS
- No landmark status: freedom to develop or alter in the future.
- 24,500 square feet of unused FAR.
EXECUTIVE SUMMARY
Strong cash flow and long term potential: this fully leased portfolio of properties offers both short term cash flow and long-term upside. The buildings are currently underutilized in terms of FAR, providing the opportunity for future development or value-add strategies.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| No. Units | 43 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 40,000 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid Rise | Year Built | 1925 |
| Sale Type | Investment |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 40,000 SF |
| No. Stories | 5 |
| Year Built | 1925 |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Crown Molding
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
SITE AMENITIES
- Property Manager on Site
- On-Site Retail
- Package Service
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 550 - 600 |
| 2+1 | 15 | - | 700 - 722 |
| 2+2 | 12 | - | 750 |
| 3+2 | 6 | - | 900 |
PROPERTY TAXES
| Parcel Number | 0507-0017 | Improvements Assessment | $746,022 |
| Land Assessment | $408,600 | Total Assessment | $880,031 |
PROPERTY TAXES
Parcel Number
0507-0017
Land Assessment
$408,600
Improvements Assessment
$746,022
Total Assessment
$880,031
ZONING
| Zoning Code | C6-2, New York (C6 districts permit a wide range of high-bulk commercial uses requiring a central location) |
| C6-2, New York (C6 districts permit a wide range of high-bulk commercial uses requiring a central location) |
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