274 East 10th Street offers a great opportunity to invest in the East Village. This vintage 5 stories 6000 SF multi property is strategically located on 10th Street between Avenue A and First avenue, a half a block from Tompkins Square Park, at the gate of Alphabet city.
The property consists of 12 rental apartments 8 One Bedroom, 2 Two Bedroom, 1 Studio, and 1 Mini office, and a spectacular backyard. There is also a finished basement with two exits: one in the front of the building to the street and one to the backyard. The basement apartment could offer additional rent; it has the feel of a home with two bathrooms. one with a shower, and a washer dryer. The owner is an architect who created interesting cozy spaces with lots of character in all the units.
Though in good condition upgrades to the units can conservatively translate into a considerable increase in the rent roll. The building is fully leased with tenants in place and could be converted into a home.
BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
Courtesy of Bond New York Properties LLC
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