Here at 94 Avenue C near Sixth Street, this four-story building is new to the market for $3.3 million. As the listing shows, this is the latest East Village building for sale in which the owner could build an additional floor. Per the ALL CAPS description:
RAISE THE ROOF, BUILD A MEZZANINE AND ADD A FLOOR, TO CREATE A DREAM PENTHOUSE OF ABOUT 2000SF PLUS TERRACES! GREAT FOR INVESTORS, USERS, FAMILYS OR FRIENDS!
Other properties in which you are encouraged to add a floor are here on Seventh Street ... and Avenue B ...
Meanwhile, the former Singas Pizza here on the ground level is for rent for $5,000 a month.
$5000/month? If rent & utilities eat up 30%, that means the new owner will have to make approx $17,000/ month. That's 31 ($18) pies /day or 222 slices at $2.50/ea.
ReplyDeleteJust hope that the people who build the dream penthouse will love pizza.
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