REO | 20 Unit Multifamily Property
- Lender REO Sale
- 5-story, multifamily walk-up building in Washington Heights, Manhattan
- 20 residential units
- 20,500 sq ft building on a 5,833 sq ft lot
- 58 ft of frontage along West 180th Street
- Short walk to the George Washington Bridge commercial and transit hub
- Direct subway access at 181st Street (A & 1) for a quick commute to Midtown
- Close to Highbridge Park, Target, and the Radio Hotel
Property Description
Property tours are available by appointment only. Please contact the listing broker to schedule a tour. 712 W 180th St, New York, NY 10033 presents a rare value-add multifamily opportunity in the heart of Washington Heights, Manhattan. This Lender REO sale features a classic 5-story walk-up apartment building containing 20 residential units and approximately 20,500 square feet on a 0.13-acre lot. Built in 1909 and currently 85% occupied, the property offers investors the chance to acquire a well-located asset with immediate in-place tenancy and future upside. Positioned along West 180th Street with 58 feet of frontage, the building benefits from strong neighborhood fundamentals and excellent connectivity. Residents enjoy proximity to the George Washington Bridge commercial corridor, Highbridge Park, Target, and the Radio Hotel, along with convenient access to the A and 1 trains at 181st Street for a quick commute to Midtown. Zoned R7-2, this offering combines scale, location, and repositioning potential in one of Northern Manhattan’s most established rental markets.- Non-Contingent
- Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
- Marketing Fee: 3% of the Winning Bid Amount
- $10,000 Participation Deposit via Wire Deposit only
- Subject To Seller Approval
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Auction |
| No. of Units: | 20 |
| Year Built: | 1909 |
| Building Size: | 20,500 Sq ft |
| Lot Size: | 5,833.00 Acres |
| No. of Stories: | 5 |
| Opportunity Zone: | No |
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