Property Details

41 KING STREET | SOHO - New York

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Property ID : 58889TH

For Sale $12,500,000 - Apartment Building
6000 Sq Ft 7 Bedrooms 7 Bathrooms  Add to Favorites Print
LISTING DETAILS
LOCATION
Address 41 King Street
Cross Streets Avenue of the Americas and Varick Street
Neighborhood Soho
FINANCIALS
Price $12,500,000 Last Price $11,950,000 |
Real Estate Taxes $50,000 [Per Annum] Year Assessed 2015-2016
Total Assessed Value $434,411
DETAILS
Ownership Multi-Family Building Type Townhouse
Delivered Partially Vacant
Age Pre-war Year Built 1840
C of O N/A Initial Showing 5/19/2015
Listed 10/12/2015 Updated 10/12/2015
On Market 21 Weeks Status Active
SIZE
R/B/B 27/7/7
Lot Size 24′ x 100′ Built Size 24′ x 88′
Floors 4
Gross SF/SM 6,000/557
Gross Lot Area N/A Residential Units / Vacant 5 / 0
INCOME PER ANNUM
Residential Rent $294,000
Annual Income $294,000
Rent Roll Notes
There are 4 units currently rented and 1 is the owners apartments which is the garden level. This can get about $5,500 #1 $5,500 per month #1A $5,500 (projected) #2R $3,100 #3R $3,300 #2/3F $7,100[more]
EXPENSES PER ANNUM
RE Taxes $50,000
Annual Expenses $50,000
NET OPERATING INCOME [NOI]
Annual Income $294,000
Annual Expenses $50,000
Net Operating Income $244,000

BUILDING DESCRIPTION

  • Townhouse
  • Pre-war
  • Built 1840
  • 4 Floors
  • 5 Apartments
  • Walk-Up
CONDITIONS
Overall Conditions Excellent
Building Mechanicials Upgraded Roof Upgraded
Boiler New

INTERIOR DETAILS

  • Architectural
  • Original Details
  • Spiral Staircase

BUILDING AMENITIES

  • Garden

ACCESS

Agent shows.

SHOW NOTES: Please email michael at michael@mcny.com to show

Houston St (0.04 miles)
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W 4 St-Wash Sq (0.27 miles)
Canal St (0.36 miles)
Christopher St-Sheridan Sq (0.39 miles)

FLOOR BY FLOOR DESCRIPTION

Basement
Size:18’x88′
This is currently the owners unit. 2 fireplaces, washer dryer, sunroom, 2 bedrooms, 2 bathrooms and Garden
First Floor
Size:19’x70′
One Bedroom One bathroom, two wood burning fireplaces, high ceilings, private terrace, floor through. Cherrywood Floors, New kitchen, washer dryer
Second Floor
Size:12’5”x46′
One Bedroom, One Bathroom, Washer Dryer.Cherry Wood Flooring
Third Floor
Size:12’5”x46′
One bedroom, One Bathroom, Washer Dryer, Cherry Wood Flooring,
Fourth Floor
Size:24’x40′
2 bedroom 2 bathroom duplex, high ceilings, 3 wood burning fireplaces, central a/c floor through

Additional Details

  • 41 KING STREET | SOHO: 12500000
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