• 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
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 |
California | May 17, 2024
California | May 17, 2024
Chicago & Midwest | May 17, 2024
CBRE | Nevada
Marcus & Millichap
Avison Young - US - NY - New York
GREA
California
North Carolina
California