1664 1st Ave_Cover_initials_LQ

Upper East Side, Manhattan Mixed-Use Building

EXCLUSIVE LISTING

1664 1st Avenue Manhattan, NY 10028

Ido Tzaidi Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (646) 278-4685 [email protected]

Investment Summary ADDRESS:

1664 1ST AVENUE, NEW YORK, NY 10028 BETWEEN EAST 86TH AND EAST 87TH STREETS

DESCRIPTION:

A FOUR STORY, WALK-UP, MIXED-USE BUILDING CONSISTING OF SIX APARTMENTS AND ONE COMMERCIAL UNIT.

LOT SIZE:

25’ X 74’

LOT AREA: 1,850 SF

BUILT SIZE:

25’ X 58’

BUILT AREA: 6,000 SF

ADD’L BUILDABLE SF: 12,500 SF

TOTAL BUILDABLE SF: 18,500 SF

ZONING:

F.A.R: 10

C1-5/R10A

TOTAL ASSESSMENT: $429,053 LAYOUT:

INCOME:

6/3, 1/COMM TOTAL APTS: 6 6 APT(S) ACT. 1 COMMERCIAL ACT.

ESTIMATED EXPENSES:

TAXES (13/14) WATER & SEWER INSURANCE GAS UTILITIES NET OPERATING INCOME:

BLOCK/LOT: 1566/46 TOTAL ROOMS: 18 $ $

134,796 190,680

$ $ $ $ $

56,399 2,281 7,000 4,000 1,500

TOTAL RETAIL: 1

$325,476

$71,180 $254,296

$12,000,000

ALL CASH

REMARKS:

A MINIMUM OF 16,000 SF CAN BE BOUGHT FROM A NEIGHBORING PROPERTY. THE BUILDING IS LOCATED THREE BLOCKS FROM THE 86TH ST 4, 5 AND 6 TRAIN STATION.

PROPERTY OVERVIEW

PRICE:

Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

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Investment Summary 1664 1ST AVENUE RENT ROLL: ROOMS 3 3 3 3 3 3 18

STATUS RS RS FM RS RS RS -

RENT/MO $ 781 $ 2,141 $ 2,800 $ 2,141 $ 1,660 $ 1,710 $ 15,890 $ 27,123

RENT/YR $ 9,372 $ 25,692 $ 33,600 $ 25,692 $ 19,920 $ 20,520 $ 190,680 $ 325,476

Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

ADDITIONAL INFORMATION

APT 2N 2S 3N 3S 4N 4S BAR TOTAL

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