534 East 6th Street

615 E 6 ST and 534 E 6 ST:These prime properties are 5- stories fully occupied, rental, walk-up buildings, both located on Sixth Street, Alphabet City in the East Village.The 13,736 total square foot buildings each consist of 9 residential apartments.615 E 6 St : Measuring 25 foot frontage on 90+ deep lot, between Avenue B-C, this building is comprised of 9 apartments, totaling a gross 7,860 sq ft. Eight of these apartments are free market rental 2 bedrooms/1 bath , except for the one on the top floor which is rent stabilized. The ground floor features its own entrance, with a 3 bedroom/2 bath apt and a private courtyard. The Gross Rent Roll is $357,858 per year, with a Net Operating income (NOI) of $310,658 and real estate taxes only $11,000 per year.534 E 6 St: Measuring 22.25 foot frontage on 97+ foot deep lot, between Ave A-B, this building is comprised of nine apartments, totaling a gross 1,896 sq. ft. All apartments are free market rentals. Eight of these apartments are 1 bedroom/1 bathroom and the ground floor is a 2 bedroom/2 bath, featured with its own entrance and private courtyard. The Gross Rent Roll is $274,200 per year, with a NOI of $229,200 and real estate taxes only $5,800 per year.Both properties are close proximity to Tomkins Square Park and to all charming and unique shops, cafes, restaurants and nightlife that the East Village has to offer.Great opportunity to own 2 of East Village's desirable multi-residential buildings!OFFERED AS A PACKAGE DEAL at $14,000,000.For more info. please click: view listing info- set up sheet-