China Mansion, 167 Sands Street, #405

Nestled between Jay Street and Gold Street near DUMBO, The China Mansion Co-op was built in 1902 with a 7 stories building that consists of 120 units. This pre-war building features a daytime doorman/concierge, two upgraded elevator banks, and a laundry room in the basement. The convenient A/ C/ F subway lines are only 4-10 minutes walking distance away.

Situated very close to the Manhattan and Brooklyn Bridges, you will be just a hop, skip and a walk away to desirable Dumbo and plethora of shopping stores, Wegmans Supermarket chain, Navy Yard, trendy cafes, bakeries and eclectic restaurants.

Calling all investors! Cap rate is 6% return on your investment! Extremely lenient COOP with no rental restrictions and you may start renting the unit from Day 1 without Board approval.

Walking distance 15 minutes to NYU Tandon School of Engineer, the Chung Hwa Mansion has housed plenty of students who rented in the building.
Unit 405 boasts a cozy convertible one bedroom and a good size living room with bright natural light. Come home to $20,000+ upgraded renovation to the modern kitchen, bathroom and floors.

Unit Features include:
-Convenient to F train – York Avenue Stop (4 min walk)
-Convenient to A/C train – High Street- Brooklyn Bridge Stop (10 min walk)
-Maintenance includes real estate tax, heat, gas and water. Owner or Tenant pays electricity
-Stainless steel appliances including dishwasher, microwave, range hood and refrigerator
-Laundry in Elevator Building
-Live in Superintendent
-12 hours Doorman
-No pets
-No smoking

SOLD AS IS.
Maintenance is $754.87.
Assessment about $377.44 per month ends June 2024.

Dimensions:
Bedroom: 11'03"x9'08"
Living Room: 12'08" x 8'04"

Thanks for checking us out

olr

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