Special offer

New York city building for sale 259 East Broadway NY NY 10002

By
Real Estate Agent with Douglas Elliman Real Estate

Manhattan New York building for sale mix use residential & commercial

259 East Broadway - Lower East Side neighborhood of Manhattan New York.

INVESTMENT OPPORTUNITY. 259 East Broadway New York NY 10002 is a multi-family walk up building with combination of rent stabilized tenants and retail tenants producing generous rent roll ($23,205 per month)

 

 

This six stories building located in the Lower East Side neighborhood of Manhattan New York with alternate address of 10 Montegomery Street. (building is located on the South West corner of East Broadway and Montegomery Street).

Excellent opportunity for serious investors. EMAIL for details.

Approximate Lot dimensions 23 x 95 (ft)Approximate Building dimensions 23 x 84 (ft)

 

Residential units (15)/Commericial units (3)

ASKING PRICE: $5,200,000.

 

 

Posted by

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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)

Our team specialize in Manhattan New York Condominiums, townhouses, and condops.

We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate goals.

Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent

 

Comments(9)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Eileen, EXCELLENT opportunity for an investor for a positive cash flow, with a great location.   Good luck on getting this one sold Eileen!

Aug 09, 2012 11:02 PM
Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

I love your numbers... Great opportunity... I have no doubt it's Sold!  Have a great day....

Aug 09, 2012 11:03 PM
Irene Durocher
Coldwell Banker BUYERS AGENT - Boca Raton, FL
homesweethome4u@att.net

Hi Eileen , this building certainly has a very positive cash flow. I will check my investors to see

if anyone is interested in that area.

Have a great day.

Aug 10, 2012 12:54 AM
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

I agree with Joan that this is an excellent opportunity for an investor to purchase.

Aug 10, 2012 01:57 AM
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Wow...that seems like an awesome opportunity at a great price. Great job pointing it out.

Aug 10, 2012 02:52 AM
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Eileen, to have a building like this in Manhattan on East Broadway with positive cash flow looks like an excellent investment to me.

Sharon

Aug 11, 2012 05:25 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Eileen, What a terrific opportunity for an investor...owning a building in NYC and having a positive cash flow immediately!

Aug 11, 2012 10:24 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Great listing Eileen.  Smart investors know that New York City represents an excellent opportunity for returns.

Aug 11, 2012 10:31 PM
Morgan Evans
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Lower East Side investment buildings for sale, 259 East Broadway is a good buy!

Aug 23, 2012 12:26 AM