Property Description for 430 61st Street
Large 16 units apartment building, well maintain by long term owner. All spacious 2 and 3 bedroom units, 16,512 Sq Ft plus 4,100 cellar that could be used to increase income. Subway station is only half a block away. Walking distance to Industry City and nearby neighborhood amenities.
Consistent ability to grow rent roll and increase cap rate. Currently 2 units are Free Market plus 2 Vacant units.