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141 Allen Street

 

Lower East Side

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Description

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.
Listing Courtesy of ashford homes llc



Amenities

  • Hardwood
 

Essentials

MLS #: 479256
Price: $5,500,000
 
Location: 141 Allen Street
Property Type: Commercial
Approx. Size: 6,300 SqFt
Taxes: $20,560
Est. Insurance: $5500
Est. Utilities: $1700
Basement: Cellar/Finished/Full
Flooring: Ceramic
Exterior: Brick
Construction: Brick/Masonry
Foundation: Poured Concrete
Roof: Flat
Heat Delivery: Baseboard
Pet Policy: Unknown
 

Amenities

  • Hardwood
 
 
 

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Contact TWO Real Estate

Artem Khaykin
Artem Khaykin
Broker
[email protected]
P: 718.218.5213
 
 
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MLS Logo Provided Courtesy of ashford homes llc

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