$8,400,000
About this home
Prime investment opportunity in bustling Union Square! This 12-unit apartment property with 16 parking spaces is a cash flowing dream property! Immediately proximate to the new Union Square train station and significant area improvements to infrastructure, commercial property, and community spaces. All apartments are presently graciously sized two bedrooms, mostly updated, several with in-unit laundry (coin-ops also in basement). The current leasing season is supporting projected gross rents of approximately $580, 000. Historical operating expenses of about $65, 000. Projected NOI from operations of $515, 000! Projected gross rents based on units renting at $3, 950 and 4 parking spaces at $300. Private showings for qualified buyers only.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $52,392
- Utilities
- $1,035
- Transportation
- $120
- Other (entertainment)
- $157
Quick facts
At a glance
Home features
Neighborhood — 02143
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 25,998 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | -2.00% | 7.00% | 20.00% |
| Population Density | 16,860 | 786 | — |
| Male | 12,855 | 3,127,134 | 147,432,321 |
| Female | 13,143 | 3,317,797 | 151,655,844 |
| Never Married | 12,051 | 1,612,885 | 63,775,926 |
| Married | 7,238 | 2,586,314 | 123,120,365 |
| Separated | 1,155 | 247,857 | 12,639,686 |
| Widowed | 1,217 | 363,594 | 15,467,586 |
| Divorced | 1,491 | 436,888 | 23,075,029 |
| Number Of House Hold | 11,443 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.23 | 2.56 | 2.60 |
| Medial Age | 32.96 | 37.25 | 35.46 |
| Median House Hold Income | $49,818 | $57,698 | $48,276 |
| Average House Hold Income | $56,671 | $75,023 | $63,629 |
| P C I | $25,726 | $29,196 | $24,529 |
| M D I | $42,538 | $48,105 | $41,133 |
| A T H E | $47,532 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 76.32% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 4/10/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.