43 49th Street #NA

Rarely available 40' wide 16 unit four (4) story walkup apartment building. The property has four apartments per floor they face the front and back of the building. Twelve units are one bedroom and four are two-bedroom units. The apartments are rent stabilized with lots of upside; they are individually metered for gas and electric.The property is a prime investment opportunity because when an apartment becomes vacant an investor can renovate it and increase the rent roll. The investor can also give the tenants their own boiler and water heater.