3160 Webster Avenue
- 2017 newly constructed elevator building with 100’ of frontage on Webster Avenue and spans 79,752 gross square feet
- 10,000 SF commercial condominium containing 1 retail unit with a long term medical tenant
- Situated in a prime Norwood location with a plethora of local and national retail and restaurants
- Over $9,000,000 of potentially assumable financing
- Benefits from an ICAP and 420C tax abatement expiring in 2043 and 2049, respectively
- Well-maintained asset with significant value add potential. Please inquire for more details
- Residential affordable condominium with 60 units comprising of 9 studios, 19 one-bedrooms, 22 two-bedrooms, and 9 three-bedrooms
- Convenient proximity to transportation providing quick access to Manhattan and other boroughs with the Metro North (Williamsbridge Station), D train (Norwood 205th Street) & 2/5 train (Gun Hill Road) in walking distance
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Price: | $13,500,000 |
| No. of Units: | 60 |
| Cap Rate: | 6.28% |
| GRM /GIM: | 9.84 |
| Year Built: | 2017 |
| Opportunity Zone: | No |
| Price per unit: | $225,000 |
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