225 West 121st Street

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Address: 225 W 121st St, New York, NY 10027, USA
Created date: April 15, 2024
Date last updated: April 15, 2024

• 21-unit multifamily building situated on prime residential block in Central Harlem
• Centrally located just a few blocks south of 125th Street’s major retail and transportation hub
• Fully occupied with low tenant turnover, presenting steady cash flow in a burgeoning neighborhood of Northern Manhattan
• Separately metered for electric, allowing for reduced operating expenses
• Benefits from proximity to Columbia University and both Morningside Park and Marcus Garvey Park
• Enjoys easy access to Midtown via the ‘2’ and ‘3’ trains at the 125th St Station

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $2,100,000
No. of Units: 21
Cap Rate: 5.59%
GRM /GIM: 6.19
Building Size: 20,060 Sq ft
Lot Size: 5,046.00 Sq ft
Opportunity Zone: No
Price per unit: $100,000
Address: 225 W 121st St, New York, NY 10027, USA

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