431 West 48th Street Midtown West Townhouse For Sale
- $3,899,000
Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month. This is in a vibrant neighborhood brimming with multiple international hospitality options. Plenty of room for the savvy to reconfigure financially as well as structurally. In-place Income - $206,664 2024 Income - $323,340 Contact me for income and expenses.
- Ownership Type: Income Property
Listing courtesy of Compass
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The Building
- Building Type: Townhouse
- Built: 1901
- Doorman: No
The Neighborhood
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