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2085 Amsterdam Ave
New York, NY 10032
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Five-story , 16-unit mixed-use building
- The property is ideally situated on the east side of Amsterdam Avenue between 163rd and 164th Streets in Washington Heights
- Located near the 168th Street subway station (1 and A lines) and one block from the 163rd Street station (C line).
- 14 Residential Units - including five (5) three-bedroom units & eight (four-bedroom units) and one (1) two-bedroom & 2 ground floor retail spaces
- The location offers convenient access to major neighborhood anchors including Columbia University Irving Medical Center
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to arrange the sale of 2085 Amsterdam Avenue, a five-story, 16-unit mixed-use building. The property consists of 14 residential units—including five (5) three-bedroom units, eight (8) four-bedroom units, and one (1) two-bedroom—along with two ground-floor retail spaces.
The property is ideally situated on the east side of Amsterdam Avenue between 163rd and 164th Streets in Washington Heights. The location offers convenient access to major neighborhood anchors, including Columbia University Irving Medical Center, New York-Presbyterian Morgan Stanley Children’s Hospital, Highbridge Recreation Center, and the Harlem River Drive. The property is well served by public transportation, located near the 168th Street subway station (1 and A lines) and one block from the 163rd Street station (C line).
The property is ideally situated on the east side of Amsterdam Avenue between 163rd and 164th Streets in Washington Heights. The location offers convenient access to major neighborhood anchors, including Columbia University Irving Medical Center, New York-Presbyterian Morgan Stanley Children’s Hospital, Highbridge Recreation Center, and the Harlem River Drive. The property is well served by public transportation, located near the 168th Street subway station (1 and A lines) and one block from the 163rd Street station (C line).
Property Facts
| Price Per Unit | $234,639 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 8.25% | Building Size | 15,200 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1915 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R7-2,C1-4 | ||
| Price Per Unit | $234,639 CAD |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 15,200 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1915 |
| Opportunity Zone |
Yes |
| Zoning | R7-2,C1-4 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 8 | - | - |
| 3+1 | 5 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 2110-0062 | Improvements Assessment | $486,490 CAD |
| Land Assessment | $177,696 CAD | Total Assessment | $664,186 CAD |
Property Taxes
Parcel Number
2110-0062
Land Assessment
$177,696 CAD
Improvements Assessment
$486,490 CAD
Total Assessment
$664,186 CAD
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