157 Rivington Street, New York, NY 10002
18 Unit Mixed use apartment building right in the heart of the Red Hot Lower Eastside.16 Rental apartments and 2 commercial tenants in this 28’ wide classic. ? Annual Income: $240,156 ? Total Expenses: $60,000 ? Pro Forma NOI: $180,156 ? Rent Roll Multiple: 12 ? 6.11 Capitalization Rate
2
beds
1
bath
11,340 Sq.Ft. LIVING AREA
The Lower East Side combines historic grit with modern vibrancy, featuring eclectic dining, trendy bars, and cultural landmarks. Its rich history, artistic vibe, and diverse community make it a dynamic and engaging neighborhood.
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