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Investment Portfolio - Exceptional Locations - Income from Residential + Retail

By Stefany Blount

Real Estate Agent with MRG.NYC

October 17, 2011 05:25 PM

Stefany | Rutenberg Realty, LLC - Luxinvestor Grp. | (646) 450-8871

Downtown, New York City, NY

Investor Portfolio - A great opportunity to own a large Manhattan footprint in the best areas. Residential and Retail.

Residential & Commercial Apartment Buildings

100+ units

Call for Current Pricing

Year Built	Unspecified
Sq Footage	Unspecified
Floors	0
Parking	Unspecified
Lot Size	Unspecified
Maint	$0 per month

DESCRIPTION

The offering consists of five mixed-use, walk-up buildings in the most desirable downtown neighborhoods: The West Village, The Lower East Side, and NoLIta. The properties have been well maintained, eliminating the need for substantial capital expenditures.

The portfolio delivers to an investor an immediate and dominant downtown position.
It stretches to 360’ of street frontage with a total of 100 residential units and 14 fully leased retail units. Nine units on the 12th floor and above have working fireplaces.

The retail supplies strong in-place cash flow with long term upside, while the residential offers great stability and future potential. Each apartment has spectacular light and its own outdoor terrace.

see additional photos below