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54-Unit Elevator Building in Central Harlem
• 54-unit multifamily building in Central Harlem, just one block from the desirable Striver’s Row neighborhood
• Extremely well maintained and professionally managed elevator building
• Significant upside in preferential rents
• Additional income provided by laundry machines in basement of the building
• Conveniently located just three blocks north of the 135th St Station, providing direct access to Midtown via the ‘2’ and ‘3’ trains
• Benefits from proximity to St. Nicholas Park and The City College of New York
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $8,400,000 |
| No. of Units: | 54 |
| Cap Rate: | 6.01% |
| GRM /GIM: | 7.56 |
| Building Size: | 38,904 Sq ft |
| Lot Size: | 8,992.00 Sq ft |
| No. of Stories: | 6 |
| Opportunity Zone: | No |
| Price per unit: | $155,556 |
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