54-Unit Elevator Building in Central Harlem

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Address: 112 W 138th St, New York, NY 10030, USA
Created date: April 19, 2024
Date last updated: April 19, 2024

• 54-unit multifamily building in Central Harlem, just one block from the desirable Striver’s Row neighborhood
• Extremely well maintained and professionally managed elevator building
• Significant upside in preferential rents
• Additional income provided by laundry machines in basement of the building
• Conveniently located just three blocks north of the 135th St Station, providing direct access to Midtown via the ‘2’ and ‘3’ trains
• Benefits from proximity to St. Nicholas Park and The City College of New York

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $8,400,000
No. of Units: 54
Cap Rate: 6.01%
GRM /GIM: 7.56
Building Size: 38,904 Sq ft
Lot Size: 8,992.00 Sq ft
No. of Stories: 6
Opportunity Zone: No
Price per unit: $155,556
Address: 112 W 138th St, New York, NY 10030, USA

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