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Investment Income Producing Mixed Use Occupied Net operating Inc W14th West Village

Investment -Income Producing Property - Commercial & Residential

3.92 % Cap Rate

Located in Chelsea near the meatpacking district

on the east side of 8th Avenue between West 15th Street and

West 14th Street, one block from Google headquarters.

Property is primarily a 2-Family with One Store on the

Ground Floor and 2 Residential units above.

Built in 1901. Perfect for user investor. Currently 2 tenants,

1 Commercial and 1 Residential. Fully Occupied.

Commercial Unit – Pay-O-Matic Store – Monthly Rent $15,457 / Annual $185,490.40 –

Lease Expiration 11/13/2029 plus 5-year option renewal

Residential Unit – Monthly Rent $5,200 / Annual $62,400 – Lease Expiration 06/30/2025

Total monthly income $20,657 / Total annual income $247,890. Total Annual Operating Expenses – ($32,392)

NOI: $215,498 Annually

94 8th Ave, New York, NY 10020

$5,500,000 / 4br

Contact: 9 1 7 - 2 8 4 - 5 9 2 0