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320 2ND AVE |Gramercy
Time on market: 408 days
Taxes/Maintenance: $0
Property type: Townhouse
Courtesy of Sotheby's International Realty, Inc.
Sotheby's International Realty is pleased to announce that it has been retained on an exclusive basis for the sale of 320 2nd Avenue located in Gramercy. This 5-story, 6-unit building has tremendous opportunity. The property currently sits on an approx. 21. 67' X 100' lot with a maximum FAR of 7. 52, current FAR of 3. 24, with a total buildable of approx. Situated R9A Zoning. Encompassing all 5 floors, the total monthly rent is currently $11,250. The potential monthly rent is $27,750, and the potential yearly rent is $333,000. Total current expenses (taxes, plumbing, electric, etc. ): $65,117. The building's plumbing, electrical, and units have been updated. The building will be delivered vacant. Gramercy Park remains one of the most affluent neighborhoods in New York City, as it is still a top destination for residents and businesses. 320 2nd Avenue presents the rare and unique opportunity for investors or interested parties to make their mark on the iconic city. Chang for a private and exclusive showing at 212-518-3030 more

Pre-War Building
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Sale Price
Down Payment
Mortgage Payment:
Common Charges & Taxes: $0

Total Monthly Payment:
Mortgage Amount $6,800,000
30 Year Fixed