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- LoopNet Team
525 W 29th St
New York, NY 10001
Retail Property For Sale
PROPERTY FACTS
Amenities
- Metro/Subway
- Restaurant
- Tenant Controlled HVAC
- Air Conditioning
About 525 W 29th St , New York, NY 10001
Amazing income producer all commercial 3 stories building prime Chelsea/Manhattan building,with all separate utilities for all the 3 units,great condition building with rooftop recreation area,all units with amazing loft lay-out. Great development opportunity to built approx. 19,000 sq ft residential building with commercial overlay. Building Description Construction- Brick/Completely attached Property Dimensions 25 ft x 98.75 ft Building Dimensions 25 ft x 94 ft 3 Stories Year built 1930 Zoning C 6-3/WCH Annual Gross Income $ 330,000 Property Taxes $ 49,077/year 1st Fl tenant pays 50% of the annual taxes. All utilities are separate and paid by the tenants. Expenses: Property Taxes $ 49,077-Tenant Pays 50 % of taxes $ 24,538 Insurance $ 6,000/year PLP $ 800/Year Sewer $ 5000/year Total Expenses $ 36,338/year NOI $293,662
PROPERTY TAXES
| Parcel Number | 0701-0023 | Improvements Assessment | $509,940 |
| Land Assessment | $102,600 | Total Assessment | $612,540 |
PROPERTY TAXES
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