Rooming House / Hotel For Sale
Location New York,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $500000
Net Profit / Cash Flow $500000
Cash Flow Type EBITDA
Seller Finance No
Year Established 1995
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other investments.
Description Welcome to the Riverton Hotel in Harlem, NY. This property is an SRO (Single Room Occupancy) 24 unit residence with a 95% percent occupancy rate. City contracted. Great cash flow with over $500,000 annual net profit. 2 commercial spaces, a furniture store and a grocery store as well.
132nd Street and Lenox in the heart of Harlem.
Building size: 9,054 SF
Lot size: 2,473 SF
Occupancy: Multiple
Asking price $3.5 million
Email or call at 3474701662 for more information on this rooming house / hotel for sale.
Click Here To Contact Seller
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