Property Description for 352 East 20th Street
Entire walk-up building for sale. Fully renovated building at a 4% cap rate. Low Real Estate taxes with capped annual tax bill increase due to 2A building class. Great investment with more potential in place. Tenants pay for heat. Easy to run, well setup building. Three residential apartments and 1 retail store. Retails store is a drop-off laundry shop, no dry cleaning on site. Two of the residential units are 3BR/1BA and one is a 2BR/2BA. All apartments are Fair Market rentals. Building delivered occupied with up to 1yr residential leases and 4yrs left on retail lease.