• 3,400 SF SRO building located mid-block on a private tree-lined street on the border of Central and West Harlem
• Building will be delivered vacant, offering significant upside and a variety of potential future uses including a rental building, owner/ user building, or single-family townhouse
• Tax class 2B designation, allowing for capped tax increases (current ‘23/’24 taxes are $5,661)
• Ideal conversion opportunity to Class A units once Certificate of No Harassment is obtained
• Property enjoys proximity to Columbia University, The City College of New York, and Morningside Park
• Conveniently situated near several transportation options such as the ‘A’, ‘C’, ‘B’, and ‘D’ trains at the 125th St Station
Listing Status: | Available |
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Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $1,800,000 |
No. of Units: | 8 |
Building Size: | 3,401 Sq ft |
Lot Size: | 1,334.00 Sq ft |
No. of Stories: | 4 |
Opportunity Zone: | No |
Price per unit: | $225,000 |
New York & Tri-State | July 26, 2024
Chicago & Midwest | July 26, 2024
Seattle & Northwest | July 26, 2024
CBRE | Nevada
Lee & Associates Commercial Real Estate Services
SVN | OAK Realty Advisors
Marcus & Millichap
California
North Carolina
California