PRIME CORNER Legendary EAST VILLAGE Location
PRIME CORNER Legendary EAST VILLAGE Location 94-96 Avenue A - New York City Price: $13,500.00 Property Details Location: Corner Lot: Ideally positioned on the corner of East 6th Street & Avenue A. One block south of Thompkins Square Park in the heart of the East Village Block/Lot: 00402/0001 Lot Dimensions: 36.83 x 75ft Building Dimensions: 36.83ft x 75ft Built Full on Ground Floor
Stories: Four Gross SF: Zoning: Walk up – Over Six families with stores (C7) Use: 11 Residential Units – 1 Store Allowed usable FA: 11,052 Unused FAR: 1,906/One more floor to be built Lot Size sf: 2,763
Neighborhood Legendary East Village location with major upside. These two 4 story (possible 5) buildings are home to the Sidewalk Café on a block that can do no wrong! 6th Street and Avenue A. This legendary location has seen many walks of life and now it can be yours. This building is a goldmine in the waiting.
Building Features 4 Stories, 11 Residential Units, 1 commercial retail sf 2,760 – currently the successful Side Walk Café originally opened in 1985.
Potential Annual Rent Roll: $679,398.00 after 1 year plus additional income if another floor is added. Real Estate Taxes: $114,438 Insurance: $7,370 Water & Sewage: $8,650 Gas & Heat: $22,000 Electric: $2,500 (Common areas- Hallway) Maintenance & Repairs: $8,500 Superintendent: $6,000 Actual Management: $14,550 Vacancy Allowance: $10,800 Total Expenses: 194,808.00
For more information, please contact: Jason Misrahi (917) 825-6036
Net Operating Income: $484,590.00
[email protected] Misrahi Realty All information furnished herein is from sources deemed reliable. No representation is made by the sender or Misrahi Realty Corp, nor is any to be implied as to the accuracy thereof and all information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.
94-96 Avenue A, New York, NY 10009 RENT ROLL Unit
Actual Rent
Projected Rent
Status
Info
Lease End
94 Ave A 94-1
$1,532.08
$1,925.72
Preferential
1 Bedroom
09/30/17
94-2
$2,300.00
$2,500.00
Non Stab
2 Bedroom
11/30/17
94-3
$3,225.00
$3,800.00
Non Stab
2 Bedroom
02/28/18
94-4
$1,995.00
$2,495.00
Non Stab
Jr. 1 Bedroom
06/30/18
94-5
$976.00
$976.00
Rent Stab
1 Bedroom
10/31/18
95-6
$1,650.00
$2,495.00
Non Stab
1 Bedroom
02/28/21
96-1
$1,995.00
$2,495.00
Non Stab
1 Bedroom
MTM
96-2
$2,300.00
$2,995.00
Non Stab
2 Bedroom
MTM
96-3 &4
$3,797.26
$3,797.26
Rent Stab
2 Bd/1.5 Bath
MTM
96-5
$440.08
$642.60
SCRIE
1 Bedroom
10/31/17
96-6
$2,200.00
$2,495.00
Non Stab
1 Bedroom
MTM
Restaurant
$30,000.00
$30,000.00
Comm
MTM
MTM
$52,410.42
$56,616.96
Total Annual Rent Roll
Total Projected Annual Rent Roll
$628,925.04
$679,398.96
96 Ave A
Delivered Vacant
Total Rent Roll:
For more information, please contact: Jason Misrahi (917) 825-6036 [email protected] Misrahi Realty All information furnished herein is from sources deemed reliable. No representation is made by the sender or Misrahi Realty Corp, nor is any to be implied as to the accuracy thereof and all information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.
Stories: Four Gross SF: Zoning: Walk up – Over Six families with stores (C7) Use: 11 Residential Units – 1 Store Allowed usable FA: 11,052 Unused FAR: 1,906/One more floor to be built Lot Size sf: 2,763
Neighborhood Legendary East Village location with major upside. These two 4 story (possible 5) buildings are home to the Sidewalk Café on a block that can do no wrong! 6th Street and Avenue A. This legendary location has seen many walks of life and now it can be yours. This building is a goldmine in the waiting.
Building Features 4 Stories, 11 Residential Units, 1 commercial retail sf 2,760 – currently the successful Side Walk Café originally opened in 1985.
Potential Annual Rent Roll: $679,398.00 after 1 year plus additional income if another floor is added. Real Estate Taxes: $114,438 Insurance: $7,370 Water & Sewage: $8,650 Gas & Heat: $22,000 Electric: $2,500 (Common areas- Hallway) Maintenance & Repairs: $8,500 Superintendent: $6,000 Actual Management: $14,550 Vacancy Allowance: $10,800 Total Expenses: 194,808.00
For more information, please contact: Jason Misrahi (917) 825-6036
Net Operating Income: $484,590.00
[email protected] Misrahi Realty All information furnished herein is from sources deemed reliable. No representation is made by the sender or Misrahi Realty Corp, nor is any to be implied as to the accuracy thereof and all information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.
94-96 Avenue A, New York, NY 10009 RENT ROLL Unit
Actual Rent
Projected Rent
Status
Info
Lease End
94 Ave A 94-1
$1,532.08
$1,925.72
Preferential
1 Bedroom
09/30/17
94-2
$2,300.00
$2,500.00
Non Stab
2 Bedroom
11/30/17
94-3
$3,225.00
$3,800.00
Non Stab
2 Bedroom
02/28/18
94-4
$1,995.00
$2,495.00
Non Stab
Jr. 1 Bedroom
06/30/18
94-5
$976.00
$976.00
Rent Stab
1 Bedroom
10/31/18
95-6
$1,650.00
$2,495.00
Non Stab
1 Bedroom
02/28/21
96-1
$1,995.00
$2,495.00
Non Stab
1 Bedroom
MTM
96-2
$2,300.00
$2,995.00
Non Stab
2 Bedroom
MTM
96-3 &4
$3,797.26
$3,797.26
Rent Stab
2 Bd/1.5 Bath
MTM
96-5
$440.08
$642.60
SCRIE
1 Bedroom
10/31/17
96-6
$2,200.00
$2,495.00
Non Stab
1 Bedroom
MTM
Restaurant
$30,000.00
$30,000.00
Comm
MTM
MTM
$52,410.42
$56,616.96
Total Annual Rent Roll
Total Projected Annual Rent Roll
$628,925.04
$679,398.96
96 Ave A
Delivered Vacant
Total Rent Roll:
For more information, please contact: Jason Misrahi (917) 825-6036 [email protected] Misrahi Realty All information furnished herein is from sources deemed reliable. No representation is made by the sender or Misrahi Realty Corp, nor is any to be implied as to the accuracy thereof and all information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.
