324-326 West 47th Street
324-326 West 47th Street
Temporarily Off Market
Temporarily Off Market
Description
Additional upside includes below-market rents and an estimated 11,970sf of unused residential FAR (air rights and usage will need to be verified by the buyer)....324-326 West 47th Street offers a unique opportunity for investors consisting of two five-story buildings with a combined 56ft of frontage and zero open violations. There are 4 commercial and 36 residential units total with 4 being rent-stabilized and one rent-controlled along with a shared laundry room accessed through a private key fob entry.
Additional upside includes below-market rents and an estimated 11,970sf of unused residential FAR (air rights and usage will need to be verified by the buyer). Ideal for a turnkey investment, all free-market units have been updated within 10yrs along with the facade in 2018.
Anchored between 8th and 9th avenues, location is ideal as Times Square, Port Authority, Rockefeller Center, and the Theatre District are within the immediate vicinity.
Contact us today for more information and a private tour.
Amenities
- Walk Up
- Laundry in Building
- Laundry Room in Building
- Common Laundry
Location
Listing Courtesy of: .
Property Details for 324-326 West 47th Street
| Status | Temporarily Off Market |
|---|---|
| Days on Market | 113 |
| Taxes | $25,000 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 40.0 |
| Compass Type | Mixed Use |
| MLS Type | - |
| Year Built | - |
| Lot Size | - |
| County | New York County |
Location
Listing Courtesy of: .
Building Information for 324-326 West 47th Street
Payment Calculator
$136,877 per month
30 year fixed, 7.25% Interest
$111,877
$25,000
$0
Property History for 324-326 West 47th Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 324-326 West 47th Street
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. 51 Elias Howe PublicPK to 5 | ||
Middle 297 Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Nyc Lab Ms For Collaborative Studies 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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