105 East 15th Street, 58

This apt is Avl for investment purchasers only. We would appreciate that only serious investors contact us regarding this property. There is a lease that runs through Aug of 2005 with the tenants option for a 2nd year. The rent is $1250 ($15K per yr) per month this year and it would go up to $1312.50 for next year. The monthly mtc. is approx $465.00 per month($5580 yearly). You can make a dividend of almost $10K per year with a huge upside in terms of appreciation. This apt sits in a gorgeous Prewar Elevator Bldg right on Union Sq Park. Excellent financials!!! The price is firm!