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. Neighborhood highlights
Since 1987
