222 East 35th St, 2B - Murray Hill, New York
UNIQUE OPPORTUNITY. RENT CONTROLLED TENANT IN PLACE. For the experienced and patient investor this is a unique opportunity to purchase a gracious one bedroom apartment with entrance foyer for only $435,000! There is a tenant in place paying $889.38. They have an automatic right to renew subject to a 7.5% annual increase and fuel reimbursement. This is an opportunity to buy well below market value and hold for future windfall! The kitchen and bathrooms are older but well maintained and there are beautiful hardwood floors throughout. The Gregory House is beautifully designed building with live-in super, central laundry, bike storage and additional storage cages. Only a few blocks from the 6 train. Access for showing only after an accepted offer.
This listing courtesy of Douglas Elliman