606 Broadway is offered for sale for the 1st time in over 40 years. This iconic piece of real estate is located on one of the most famous intersections in the world, at the corner of Broadway & Columbus. This 47 unit building offers 46 SRO's & a 2 level commercial space at street level & is currently a restaurant space, but open to new tenants or buyers to occupy. The income from the building has a large amount of upside potential as the sellers owned & operated their restaurant business & paid only $13k in rent for the commercial space previously. The commercial space has a potential of up to around $20k/mo in income. 7 of the 46 SRO's are not currently rented & can easily be filled to increase income. 6 1/4 ba w/only toilets,2 on each level for a total of 6, 3 additional ba separate from the 1/4 baths w/showers only,1 on each flr 1 additional full ba/w shower, toilet & sink on 1st floor of SRO. This is truly a unique opportunity to own a piece of history.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
