54 & 56 East Broadway | New York, NY 10002
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- LoopNet Team
54 & 56 East Broadway
New York, NY 10002
Two Walkup Buildings With Retail - Chinatown · Residential Property For Sale · 21 Units
Investment Highlights
- Prime Location and Frontage: Rare 50’ of East Broadway frontage in the heart of Chinatown
- Tax Class 2B: Preserves a low and stable expense ratio, as well as capping increases in assessed values
- Long-term ownership; well maintained assets
- Cash Flowing: Long term solid tenancy with good collections
- Under Market Rents: In place residential rents for the 13 two bedroom rent stabilized units are extremely below market averaging $2,000/month, where m
PROPERTY FACTS
| No. Units | 21 | Lot Size | 0.04 AC |
| Property Type | Residential | Building Size | 16,713 SF |
| Property Subtype | Apartment | Number of Floors | 6 |
| Apartment Style | Mid Rise | Year Built | 1910 |
| Building Class | C |
| No. Units | 21 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 16,713 SF |
| Number of Floors | 6 |
| Year Built | 1910 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £627,227 | |
| Land Assessment | £574,431 | Total Assessment | £1,001,637 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£574,431
Improvements Assessment
£627,227
Total Assessment
£1,001,637
zoning
| Zoning Code | C6-1G (C6 districts permit a wide range of high-bulk commercial uses requiring a central location.) |
| C6-1G (C6 districts permit a wide range of high-bulk commercial uses requiring a central location.) |
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