112 Nagle Avenue
Property Description
- 26-unit mixed-use building nestled on the border of Washington Heights and Inwood
- Strong commercial tenants paying a combined rent of $75/sf
- Situated on busy retail corridor within proximity of major retail tenants on Dyckman Street
- Well maintained and professionally managed asset in Northern Manhattan’s vibrant Fort George neighborhood
- Separately metered for electricity, allowing for reduced operating expenses
- 6.38% Cap Rate 6.47 GRM
- Conveniently located near several transportation options including the “1” train at the Dyckman St Station and the “A” train at the 190 St Station
- Enjoys proximity to Fort Tryon Park, Inwood Hill Park, and Highbridge Park
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | Apartments | Mixed-Use |
| Price: | $3,500,000 |
| No. of Units: | 26 |
| Cap Rate: | 6.38% |
| GRM /GIM: | 6.47 |
| Building Size: | 15,960 Sq ft |
| Lot Size: | 5,180.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $134,615 |
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