229 East 24th Street

$12,000,000
Price
20
Beds
16
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment at 3.875% CAP Rate
Bulk purchase of 10 condo units, 229 East 24th Street is a boutique 10 unit condominium building with a spacious roof deck and great Midtown views, located between Third and Second Avenue. Centrally located in Gramercy Park around the corner from three major colleges and Universities including NYU, Baruch and SVA. These units rent out quickly without issues, and collect anywhere from $2,900 per month to $8,200 per month. The ten units range in size from 500sqft
...Great investment at 3.875% CAP Rate

Bulk purchase of 10 condo units, 229 East 24th Street is a boutique 10 unit condominium building with a spacious roof deck and great Midtown views, located between Third and Second Avenue. Centrally located in Gramercy Park around the corner from three major colleges and Universities including NYU, Baruch and SVA. These units rent out quickly without issues, and collect anywhere from $2,900 per month to $8,200 per month. The ten units range in size from 500sqft to full 1,500sqft apartments with private keyed elevator, and some units feature great open views, private garden and private roof-top deck. The purchaser will control the board by and own all the units within the condo.

Listing Agents

  1. Dylan Hoffman

    Dylan Hoffman

    Listing Agent

    Compass

    dhoffman@compass.com

    P: 646.431.2260

  2. Andrew Corso

    Andrew Corso

    Listing Agent

    Compass

Amenities

  • Roof Deck
  • Common Roof Deck
  • Elevator
  • Private Elevator
  • Laundry in Building
  • Video Intercom
  • Video Security
  • Private Storage Included

Location

Add your commute
LISTING UPDATED: 08/21/2019 08:03 PM

Property Details for 229 East 24th Street

StatusPermanently Off Market
Days on Market-
Taxes$12,429 / month
Maintenance$5,394 / month
Min. Down Pymt10%
Total Rooms40.0
Compass TypeTownhouse
MLS Type-
Year Built1984
Lot Size-
CountyNew York County

Building

229 E 24th St

10 Units9 StoriesBuilt in 1984

Location

Add your commute

Building Information for 229 East 24th Street

Stories9Residences10Year Built1984Lot Size-Building AgePost-warBuilding TypeLowriseSenior Community-Levels / Stories-

Payment Calculator

$91,498 per month

30 year fixed, 7.25% Interest

Principal and Interest

$73,675

Property Taxes

$12,429

Maintenance/Common Charges

$5,394

The Payment Calculator is for illustrative purposes only.

Property History for 229 East 24th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 229 East 24th Street

Taxable ValueLand-Additions-Total-
Home Facts
Total Finished SqFt13,542 SqFtLot Size1,919 SqFtYear Built1984ZoningR8BAPN1009057501

Schools near 229 East 24th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.