44 South St

• 14 Unit – 9,214 SF Retail & Residential
• Restaurant & (12) SROs and (1) Studio
• Significant Capital Improvements

Property Description

The South Street building is a 9,214 SF building, built in 1912, sitting on 5,188 SF consisting of 14 units. Residential units comprise 12 furnished rooms (SRO) and (1) furnished studio. Common area restrooms on 2nd and 3rd floor and a common area/kitchen for tenants on 2nd and 3rd floor. Retail space with a restaurant/bar, a long-term tenant with an NNN lease, family-owned business that has occupied the space this year for 50 years. Significant capital improvements in 2021 include new HVAC systems, vinyl windows, sprinkler systems, fire alarm & security camera systems, wall insulation, flooring, light fixtures, carpentry, painting, common area kitchen & bathrooms, and new electrical panels. Other improvements include furnishing all rooms with TVs, fridge & bedroom set.