24 Unit MultiFamily at 615 East 6th Street
$7,850,000
615 East 6th Street, New York, NY 10009
7,860 SF
Square Feet
$999
PPSF
6.00%
CAP
Property Description
NOI
$471,228
Cap Rate
6.00%
- 24 Units Spanning 11,568 SF
- 71% Free Market - $886/SF
- Newly Renovated Free-Market Apartments with High-End Finishes
- Prime East Village location near Tompkins Square Park, Nightlife, and Transit
Property Details
Asset Type
MultiFamily
Year Built
1939
Zoning
R8B
Lot Size
2,271 SF
Neighborhood
Alphabet City
Submarket
New York
ZIP
10009
Renovated
2007
Listing Type
sale
Net Operating Income (NOI)
$747,603
Debt Service Coverage Ratio (DSCR)
1.67x
Cap Rate
9.52%
Cash Flow (Annual)
$301,047
Cash-on-Cash Return
15.34%
Monthly Debt Service
$37,213
Annual Debt Service
$446,556
View on Map
Address
615 East 6th Street
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New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
