Studio, $7,500,000 [Address Undisclosed] New York, NY 10003

located in the heart of Manhattan?s trendy East Village neighborhood. The building is 100% occupied with free market tenants and features four four-bedroom duplex units, six three-bedroom units, a rear yard and rooftop deck. Meticulously renovated, the apartments are so luxurious its like nothing else seen in the East Village. The gut renovation project in excess of $2mm that occurred near the end of 2008, included the installation of new and upgraded electric, separate boilers for each unit, individual water heaters for each unit, and a new roof and fa?ade, in addition to the reconfiguring of each apartment including installing washer & dryers in each unit and re-designing the hallways. The building is suitable as a live/invest or a straight forward investment for a buyer seeking the perfect management un-intensive opportunity since all tenants pay their own utilities including heat, electric and water. Also, being assigned Tax Class 2B the annual real estate taxes remain exceptionally low and NYC cannot increase assessments on properties with ten units or fewer more than 8 percent each year or more than 30 percent in five years within this Tax Class. Situated on the south side of East 6th Street between First and Second Avenues, the building is in close proximity to Cooper Square, St. Mark?s Place, excellent shopping and dining and steps away from Alphabet City and the Bowery. TO VIEW CALL 212-888-6250 JEFF Web ID 20648