545 West 125th Street
• Strategically situated on the north side of West 125th Street, perfectly positioned between Amsterdam Avenue and Broadway
• 48-unit, mixed-use building featuring 17 free-market units, 27 rent-stabilized units, and 4 commercial spaces
• This asset offers a diverse residential mix consisting of 14 one-bedroom, 17 two-bedroom, 12 three-bedroom, and 1 four-bedroom units
• Free-market units account for 40% of the property’s total rental income
• Generating approximately $1,100,000 in gross annual income, the property presents a compelling value-add opportunity through unit renovations, market rent appreciation, and vacancy reduction
• Excellent proximity to Columbia University supports sustained student housing demand while benefiting from continued neighborhood transformation and market rent appreciation
• Expansion of Columbia’s Business School, coupled with reduced graduate housing and the phase-out of rent-regulated student units, is expected to drive demand for nearby off-campus apartments
• Located one block from the 1 subway line and only three blocks from the A, B, C, and D express lines
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $10,000,000 |
| No. of Units: | 48 |
| Building Size: | 29,436 Sq ft |
| No. of Stories: | 6 |
| Opportunity Zone: | No |
| Price per unit: | $208,333 |
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