676 6th Avenue Other, NY 00000
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Calling All Investors, Developers & End-Users!!! 7, 200 Sqft. Building/ Development Site For Sale!!! Located On The Corner Of 6th Avenue & W. 21st Street (Only 2 Blocks Away From Madison Square Park)!!! The Property Features High Ceilings, Great Exposure, Excellent Signage, Huge Upside Potential, +++!!! Neighbors Include Best Buy, Bounce, Michael's, McDonald's, Trader Joe's, +++!!! According To The Owner Another 4.5 Stories (14, 500 Sqft.) Can Be Developed!!! The Property Is Currently Home To A Successful Liquor Store, Lounge & T-Mobile. T-Mobile's Cell Tower Lease Has Expired. The Cell Companies Are Aggressively Seeking A Lease. Income: Liquor Store: $468, 000 Lounge: $192, 000 T-Mobile: $49, 644 Roof: $200, 000 (Available) Gross Income: $899, 644 (Proforma) Expenses: Insurance: $17, 000 Taxes: $165, 000 Total Expenses: $182, 000 Net Operating Income (NOI): $717, 644 (Proforma)
|a month ago||Listing updated with changes from the MLS|
|2 months ago||Price changed to $14,300,000|
|2 months ago||Listing first seen online|