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Rivington st
5457502 

Description:
Property Description:
Brand New Commercial Condominium. This is a cellar space with 2,443 gross area square ft. and 2,158 unit exclusive use area square ft. Thismixed use unit can be used for any legal commercial purpose subject to zoning restrictions. The unit has very low carrying charges and has applied for a 10 year 421A Tax abatement. Estimated Monthly common charges are $300.50 Real Estate Taxes w/ 421A benefits are $538.37 per month. Without the 421 benefits taxes are: $701.45 per month.
Location Description:
Location is in one of Manhattan’s most dynamic neighborhoods. With several large developement projects underway in the immediate vicinity; including but not limited to the New Avalon Chrystie Luxury rental Develpment which will contain a Whole foods Gourmet Grocery Store and high end retail. Another new Developement in the area worth mentioning is the new Hotel on Rivington; a 26 story glass tower situatedin the heart of Manhattan’s hip and Historic Lower East Side, All just steps away from this commercial ownership opportunity.
No. Stories: 8 Property Types: Retail (Other)
Highlights
• Commercial Condo • Great Location
• New Developement • Low Carrying Charges
• 10 Year tax abatement • Mixed-Use (any legal purpose)
 

Details:
Property Type: OTHER
Built: 0
[NYC - LOWER EAST SIDE Real Estate, listing number 5457502]
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Financials:
Listing Price: $600,000


Contact Information:
Michael Crespo2
Citadel Property Management Corp.
Michael Crespo
President
phone: 646-654-0722
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