This is 6938 SF, Six-story mixed-use walk up building which has 4 residential units and 1 commercial on the 1st floor. It is a very famous Luxury Spa named Mama Spa in the neighborhood for years. The Spa has 3240 Sf from Basement to 1st floor, collecting rent $16,000/month. Residential Units: 2nd floor 2 beds 720SF space $3100/month, 3rd floor 2 beds 720SF plus 315SF outdoor space $3750/month; 4th floor 2 beds 720 SF plus 30SF outdoor space $3600/month; 5th and 6th floor 2 beds 900SF+230SF outdoor space $4100/month. Total Annual Income: $366,600. Expense: $36,735. Net Return: 6% a year.
Details:
Families:
4
Property Type:
Mixed Use
Financials:
Price:
$5,500,000
Weichert Realtors The Franzese Group Ray Wu Direct: 718-232-1004 Office: (929)364-1301
email: raywu@weichert.com provided by Brooklyn NY MLS
![[Lower East Side Real Estate, listing number 7079606]](https://www.vlshomes.com/images/full/7079606a.jpg)