25 East 38th Street

> Vacant 10-unit apartment building for Sale or Lease. > The subject property is located in Murray Hill, erected in 1925, continually renovated interiors with a recently renovated facade, is located on the north side of East 38th Street between Madison and Park Avenues. > Two residential units per floor consisting of 2 two-bedroom apartments, 7 one-bedroom apartments and 1 studio apartment. > New roof, roof hatch and sky-lights, the hallways were renovated in 2003, the boiler and hot water heater are about 5 years old and the electric is new through-out the property. > Zoned R8B with an FAR of 4.0, allowing approximately 1,755 SF of available air rights. > Given that the building will be delivered vacant, this poses an excellent opportunity for a user/investor. > Www.masseyknakal.com