Note: the above is based on a down payment of 20% ($199,800),
which is the minimum amount permitted by the building.
Description
**East Village**Incredibly Rare, Half Floor 3BD Combo Unit with Stainless Steel Appliances Just One Flight Up in Pet-Friendly East Village Building with 4.5% CAP Rate** An investor's dream: this home is currently set up as two, side-by-side one-bedroom apartments that receive a combined CAP of 4.5%! Taking up an entire half of the second floor of the building, the units easily combine into a three bedroom apartment which also increases the overall size of the unit as you would be annexing a common hall between them. It is unlikely for another potential three-bedroom to come on the market in this area below $1M, not to mention the ability for unlimited subletting from day 1 of ownership subject to board approval and monthlies less than $1200 total!
Located in the heart of the East Village, this building is surrounded by parks (including Tompkins Square Park), neighborhood gardens, and some of the most popular and culinarily unique restaurants and bars.
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