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141 Lexington Ave 7 Unit Apartment Building $6,243,300 CAD ($891,900 CAD/Unit) 4.82% Cap Rate New York, NY 10016
EXECUTIVE SUMMARY
NEW LOW PRICE !!!
141 Lexington Avenue offers investors a rare opportunity to acquire a fully occupied, turn-key rental property totaling 4,278 square feet, with six residential units and one ground-floor retail space in prime Manhattan. Built in 1910 and extensively renovated in 2019, the building is located in the heart of Kips Bay near East 29th Street, steps from Murray Hill, Gramercy Park, and NoMad. The neighborhood features acclaimed dining and great shopping (Dover Street Market, Trader Joe’s and Kalustyan's) along with prime access to entertainment and transportation.
141 Lexington Avenue offers investors a rare opportunity to acquire a fully occupied, turn-key rental property totaling 4,278 square feet, with six residential units and one ground-floor retail space in prime Manhattan. Built in 1910 and extensively renovated in 2019, the building is located in the heart of Kips Bay near East 29th Street, steps from Murray Hill, Gramercy Park, and NoMad. The neighborhood features acclaimed dining and great shopping (Dover Street Market, Trader Joe’s and Kalustyan's) along with prime access to entertainment and transportation.
PROPERTY FACTS
| Price | $6,243,300 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $891,900 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 4.82% | Building Size | 5,868 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2018 |
| Zoning | C6-2A - C6 districts permit a wide range of high-bulk commercial uses requiring a central location | ||
| Price | $6,243,300 CAD |
| Price Per Unit | $891,900 CAD |
| Sale Type | Investment |
| Cap Rate | 4.82% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 5,868 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2018 |
| Zoning | C6-2A - C6 districts permit a wide range of high-bulk commercial uses requiring a central location |
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Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 0885-0027 | Improvements Assessment | $717,864 CAD |
| Land Assessment | $128,674 CAD | Total Assessment | $846,538 CAD |
PROPERTY TAXES
Parcel Number
0885-0027
Land Assessment
$128,674 CAD
Improvements Assessment
$717,864 CAD
Total Assessment
$846,538 CAD
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141 Lexington Ave
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