ID # | RLS20003175 |
Details | Building Name: The Marcus 3 fam, 8 bed, 8 bath, 8 Units in the building, Building has 5 floors (DOM): 131 days |
Construction Year | 1909 |
Maintenance Fees | $2,706 |
Taxes (per year) | $13,572 |
Subway | 5 min: 2, 3, 4, 5, 6 |
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Offer Accepted with contracts going out.
Showing for back up only until contracts sign.
Reach out for more info if interested.
During due diligence with current offers we uncovered additional Approved Rent Increases for Capital Improvements that will boost the cash flow. also over the last couple weeks they have been working on upgrades to the market rate units which have bumped their projected market value as well. Rare that more time and more questions uncover more value but this is a lucky case for the next owner.
Sensational Deal on the Marcus!!!
Great Cap RATE over 9.6%
Please Call to request full financials
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