Main Street level is the art gallery. It has 1900 sq. ft. and rents for $1425 per month. It can be leased turn key. The owner and other artist in the area have their work there on consignment.

The 2nd floor has two apartments. A 2 bedroom / 1 bath apartment and a 1 bedroom / 1 bath apartment. Bruce figures the rents are around $750 for the 2 bd, and $650 for the 1 bedroom. Both are currently rented.

The basement level is used as a custom furniture shop. It has 1700 sq. ft. and rents for $800. The owner would be willing to lease it back for 6 months or would move out - whichever the person wants. It has access to Wall Street and has a bathroom. It is metered separately.

The building could be purchased for $644,900. And currently has a cap rate of approximately 7%.