47 East 30th Street

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 47 East 30th Street, New York, NY 10016 (the “Property”) located on the north side of East 30th Street between Madison Avenue and Park Avenue in the NoMad neighborhood of midtown Manhattan.

The Property is a comprised of 4-story, mixed use, building situated on a 19’ x 99’ square foot lot. Built circa 1915, this C6-4A zoned building contains 5 residential units and 1 commercial unit totaling 5,320± SF. The 5 residential units are made up of 4 two-bedroom units and 1 one-bedroom unit, plus 1 ground-floor commercial unit (leased to Murray Hill Pet Hospital) generating over $300,000 of annual net income. Additionally, tax Class 2A (properties that contain 4-6 residential units) preserves a low and stable expense ratio, and caps increases in assessed value to 30% over 5 years –  representing significant savings on operating costs.

The Property offers excellent transportation options with the 6 subway trains at 33rd Street and 28th Street, as well as the major transportation hub at Grand Central Station.