717 E 5th Street Calling All Investors, Developers, & End-Users!!! 5.61 Cap 100% Occupied 22 Unit Apartment Building In The East Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R8B Zoning, 5 Free Market Apartments, High 9' Ceilings, Skylight, Separate Meters, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In the Heart Of Manhattan Just 2 Blocks From The FDR Drive!!! Neighbors Include Bank of America, USPS, UPS, T-Mobile, Boost Mobile, WholeFoods, Target, Staples, CVS, Walgreens, Dunkin', Wonder, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Apt. BA: $26, 734.68 Ann.; Lease Exp.: 3/31/27. Apt. BC: $27, 300 Ann.; Lease Exp.: 7/31/27. Apt. 1A: $26, 616.12 Ann.; Lease Exp.: 8/31/27. Apt. 1B: $33, 300 Ann.; Lease Exp.: 8/31/28. Apt. 1C: $33, 300 Ann.; Lease Exp.: 2/28/27. Apt. 1D: $25, 705.44 Ann.; Lease Exp.: 8/31/26. Apt. 2A: $32, 700 Ann.; Lease Exp.: 11/30/26. Apt. 2B: $30, 900 Ann.; Lease Exp.: 1/31/27. Apt. 2C: $17, 484.96 Ann.; Lease Exp.: 6/30/27. Apt. 2D: $26, 685.60Ann.; Lease Exp.: 7/31/27. Apt. 3A: $33, 600 Ann.: Lease Exp.: 8/31/28. Apt. 3B: $30, 600 Ann.; Lease Exp.: 5/31/28. Apt. 3C: $17, 625.721 Ann.; Lease Exp.: 1/31/27. Apt. 3D: $21, 250.92 Ann.; Lease Exp.: 3/31/28. Apt. 4A: $30, 086.04 Ann.; Lease Exp.: 8/31/27. Apt. 4B: $28, 102.56 Ann.; Lease Exp.: 5/31/27. Apt. 4C: $25, 151.76 Ann.; Lease Exp.: 7/31/28. Apt. 4D: $32, 400 Ann.; Lease Exp.: 1/31/27. Apt. 5A: $29, 046 Ann.; Lease Exp.: 4/30/27. Apt. 5B: $30, 096 Ann.; Lease Exp.: 5/31/28. Apt. 5C: $21, 000 Ann.; Lease Exp.: 8/31/28. Apt. 5D: $26, 735.28 Ann.; Lease Exp.: 5/31/27. Gross Income: $606, 421.08 Ann. Expenses: Fuel: $8, 106.39 Ann. Electric: $1, 432.96 Ann. Water & Sewer: $8, 525.84 Ann. Insurance: $11, 463.61 Ann. Maintenance & Repairs: $13, 182.29 Ann. Taxes: $128, 695.85 Ann. Total Expense: $171, 406.94 Ann. Net Operating Income (NOI): $435, 014.14 Ann. (5.61% Cap!!!) Reply, Reply All or Forward