Per the Massey Knakal listing:
A 25’ wide, five-story walk-up building along with a rear 25’ wide walk-up building located on the east side of Avenue A between East 13th Street and East 14th Street. The buildings consists of 16 residential units, 14 of which are fair-market and 2 are rent- stabilized. The current in-place rent is approximately $53 per square foot which is well below market. The zoning of the buildings allows for retail therefore it could offer an investor an excellent opportunity to convert the ground floor space into a retail unit.
Price: $7,950,000
The building is just south of East 14th Street ... and adjacent to the large Extell retail-residential complex coming soon between Avenue A Avenue B...
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