Total Est. Monthly Carrying Cost:
$12,708 ($8.92/ft2)
Note: the above is based on a down payment of 20% ($440,000),
which is the minimum amount permitted by the building.
Description
Located in the heart of Cooper Square, this one-of-a-kind, home with private backyard includes a lower, detached commercial level. Currently configured as a one-bedroom, this charming and spacious residential unit is complete with a windowed kitchen with a dishwasher, beautiful arched doorways, wood beams and built-ins throughout. The unique architectural layout includes two residential entrances with ample space for a second bedroom/home office and an additional separate dining room.
It is currently leased for 1 year at $5,000 per month.
The windowed commercial retail has a private street entrance as well as a building entrance and a private half bath. Currently leased at $3,000 per month. The total rent for this property is $8,000/month and has a cap rate of 4%.
Alternatively, the two levels can be connected internally to create one 1,425-square-foot home with a private backyard.
Building amenities include a full-time super as well as a resident’s laundry room. This property is accessible to the F/V, B/D and 6 trains.
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