356 East 8th St., Manhattan, NY 10009

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Calling all investors! this historic property is located on a beautiful tree-lined street, just a block away from tompkins square park in the chic east village! with approx. 3,000 sf already built, and 6,211 sf in total potential use, this is the ultimate investment opportunity. The building consists of 4 fair market apartments and a basement level. The current rent-roll is $156,000, but with minor renovations to each unit could reach $174,000 (potential cap-rate of 4. 2%/year). The east side of the building borders a beautiful planted garden. The lot size is 18. 5 x 97. 5 and the building is 18. 5 x 40 with the potential to extend at least 25 additional feet from the back of the building (the first floor has already been extended). The annual taxes are $1,046.

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