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Sep 6, 20183 Family | Kips Bay, NY | $4,500,000 | Vacant Multi Family 5 Bed - 5 Bath | Possible Condo conversion

Price Reduction - Motivated Seller

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We are pleased to announce this truly unique 3 Family, 5 Bedroom / 5 Bath located in the Kips Bay neighborhood of New York City. Zoned for commercial use, ground floor unit can be used for office space with access to the rear garden. Third floor 1 bedroom is full floor and the top floor 2 bedroom is a duplex. This asset is delivered Vacant, an amazing opportunity for a Condo Conversion in the future. Located near all major forms of NYC transportation and shopping.

3 Family | Delivered Vacant
17.5' x 88.44' Lot
2 - 2 Bedroom / 2 Bath units, 1 - 1 Bedroom / 1 Bath
4,000 SQFT
Est. NOI $150K
Est. Cap 3.3%
Zoned C1-8A

Please contact me today for more information on this Multi Family asset and to review similar opportunities.

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