226 & 259 West 144th Street
One mixed use building and one solely residential building located on West 144th Street
110 residential units and 1 ground floor community facility space leased to ECDO Childstart, an early Childhood Day Care center
Benefits from a J-51 Tax Abatement expiring in 2039 and a regulatory agreement with DHCR
Conveniently located close to the A/B/C/D/3 Subway lines
Close proximity to major retail corridors along 145th St. and Frederick Douglass Boulevard
Portfolio Key Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | Mixed-Use |
| Price: | $ 17,500,000 |
| No. of Units: | 108 |
| Cap Rate: | 7.33% |
| GRM /GIM: | 8.48 |
| Building Size: | 109530 Sq ft |
| Lot Size: | 27,478 Sq ft |
| No. of Stories: | 6 |
| Opportunity Zone: | No |
| Price per unit: | $162,037 |
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