254 E 33rd Street

Well-kept and clean multi-family rental building which represents an ideal investment with strong in-place cash flow or an immediate end -user opportunity. A 17'wide,four-story plus cellar,seven(7)unit, walk-up building with approximately 3689 SF gross square feet.Located on the south side of East 33rd Street between Second and Third Avenues, the front entrance of the property lies on a quiet street steps away from vibrant neighborhoods of Murray Hill and Kips Bay.The property , which underwent a complete gut renovation in 2012, a ground floor one-bedroom floor-through apartment plus six(6) studio apartments located in the front and rear of each floor above. The apartment renovations include hardwood floors combined with tile, high efficiency stainless steel GE kitchen appliances, dark wood cabinetry with black quarts counters,renovated bathrooms with new tile, glass-enclosed shower, a teak vanities and high-end fixtures. All units have tremendous amounts of natural light.The building amenities include security cameras with access controls, hidden outdoor garbage cabinets, sprinkler system, a state of the art gas boiler with baseboard radiators, gas fired hot water heater with a pressure pump and fully renovated common areas. FAR as build 3 Max FAR 7.52 Zoning C1-8A/R-9A. Air rights 5585 SF. All Free Market Units. Near major transportation, restaurants, cafes, theaters, shopping,and schools. truly a tern key investment property. Currently , most of units rent below market ,strong upside potential. Please contact Yoko Evans for any questions.