Building Description
A six story, mixed use elevator building built in 1963. The building has approximately 2,500 square feet of professional and commercial space on the ground floor and has 40 residential units equally divided into 20 studios and 20 one bedrooms; eight per floor. The entire building can be delivered vacant with the exception of the three rent stabilized units. Since the building has 6,000 sq. unused buildable sq. ft., 2 - 3 penthouse units can be built to maximize the income. Bordered by both Sutton Place and Turtle Bay neighborhoods, this midtown east building is set a very desirable location, near the United Nations, making it an ideal long-term rental investment. Also, ideal for condo conversion.
