INVESTMENT HIGHLIGHTS
- Fully leased Mixed-Use building
- 6 Free market rental units and 1 commercial space
- Recently renovated
- 4000+ Square Foot in unused FAR and Air Rights
- Prime location for shopping and restaurants
- Exceptionally Accessible to MTA and Bus Stops
141 Lexington Ave is a prime investment opportunity in the heart of Kips Bay, offering a fully leased mixed-use building with six free-market residential units and one commercial space. Recently renovated, this property boasts modern upgrades while maintaining its classic New York charm. With over 4,000 square feet of unused FAR and air rights, there is significant potential for future development. Situated in a vibrant neighborhood known for its top-tier shopping and dining options, the building is exceptionally accessible, with multiple MTA subway lines and bus stops just steps away.
141 Lexington Avenue, New York, (Kips Bay), NY, 10016
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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