829 9th Avenue
• 18 apartments with 2 stores (fully occupied)
• 95% Free Market (17 FM & 1 RS)
• Professionally managed building with complete historical rental records
• 11 units renovated in the last 2 years with value-add in remaining 6 unrenovated units, common space and basement
• Located on a strong retail corridor
• 3 blocks from N, Q, R, W trains (57th Street station) and E, B, D trains (7 Ave)
• 3 to 4 blocks from Columbus Circle/Central Park and the Hudson River Park
• Short walking distance to 6th Avenue and the Midtown Business District
Broker Details
Ariel Property Advisors
(212) 544-9500
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $9,950,000 |
| No. of Units: | 20 |
| Cap Rate: | 5.58% |
| Building Size: | 5 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $497,500 |
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