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1978 2nd Ave
New York, NY 10029
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Located in close proximity to multiple retailers, restaurants, and professional businesses
- Easy access to public transportation
- High Foot Traffic Area
EXECUTIVE SUMMARY
Prime investment opportunity and value for this five-story, 10,625 square foot space. The building currently holds commercial space on the ground floor with residential units on the second through fifth floor. The building has a functioning elevator. The building has 4,425 unused FAR and is in good condition for development. Conveniently located near public transit only 0.6 miles from 103rd Street Subway Station as well as several Bus stops along 2nd Avenue.
PROPERTY FACTS
| Price Per Unit | $862,125 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 16 | Building Size | 10,625 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/1987 |
| Apartment Style | Mid-Rise | ||
| Zoning | R8A - High density residential district | ||
| Price Per Unit | $862,125 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,625 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1910/1987 |
| Zoning | R8A - High density residential district |
AMENITIES
SITE AMENITIES
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | - |
PROPERTY TAXES
| Parcel Number | 1673-0051 | Improvements Assessment | $1,272,621 CAD |
| Land Assessment | $69,522 CAD | Total Assessment | $1,342,142 CAD |
PROPERTY TAXES
Parcel Number
1673-0051
Land Assessment
$69,522 CAD
Improvements Assessment
$1,272,621 CAD
Total Assessment
$1,342,142 CAD
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