683 6th Ave

Three-story, walk-up building, Ground floor has Laundromat that is owner operated. There is great opportunity to increase the building’s annual income. No major renovation needed. Cosmetic renovation at most. Both rental units are on month to month basis. The plumbing and heating are in good condition. This building possesses an excellent opportunity to create your own single family home or live plus rental income. Lot: 19.92’ x 60’ Building Size: 19.92’ x 30’ Stories: 2-family (2) plus Laundromat Gross Sq foot: 1800 incl. Cellars Zoning R6 FAR as Built: 1.51 Maximum Allowed FAR 2.43 Tax Class 1 Property Taxes: $ 2,086 (2004/2005) ANNUAL EXPENSES Heating/ Hot Water $ 9,000.00 Property Taxes: $ 2,086 (2004/2005) Insurance $ 2,592.00 Utilities $ 3.600,00 (Commercial) Total Expenses $ 17.278.00 Projected Yearly Income: $ 70000 PRICE: $760000 (THE LAUNDROMAT IS NOT INCLUDED IN THE INCOME OF THE BUILDING.)