68 East 127th Street, New York, NY 10035
Five (5) free market rentals - four (4) studios & one (1) 3BR garden duplex - to be delivered vacant. Loaded with original details! Proforma rent roll for vacant apts is $150K/yr. Owner can occupy garden duplex and collect $7K - $8K monthly rent. Also perfect for 1-4 family conversion or redevelop to take advantage of 5000 additional buildable square feet (unused FAR) - you can create up to 7500 sq. ft. Terrific rear garden and spacious front courtyard. Fabulous location for Subway, Metro-North and Buses and convenient to 125th Street shopping and Tri-Boro (RFK) Bridge. Very low ($4,232/yr) taxes! Owner will consider creative financing (more than 50% cash down) for buyer willing to close prior to vacancy - no regulated leases. Call for appointments and negotiations.