252 E 33 Street E, New York (Manhattan), NY 10016

$4,250,000

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Property Description

Prime Manhattan Location. Proven Demand. Delivered Vacant. One-of-a-kind investment opportunity in Central Manhattan. Key takeaways include: - Cap Rate 5% - Ideally located just two blocks from multiple subway lines - Surrounded by food markets, restaurants, and everyday conveniences. - A major hospital is only one block away, making this property especially attractive to hospital staff - Consistently strong rental demand with minimal vacancy. Each apartment is equipped with split systems providing both heating and air conditioning for year-round comfort. The building features newly installed hot water boilers and a recently upgraded electrical system, offering peace of mind for investors. Additional amenities include a coin-operated washer and dryer conveniently located in the hallway for tenant use. Property can be delivered vacant, providing flexibility for repositioning, owner occupancy, or lease-up at current market rents. Will sell fast!

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Listing courtesy of Listing Agent: Jerry C. Leung (jerry@beyondpropertygroup.com) from Listing Office: Beyond Property Group.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.