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2296 2nd Ave 4 Unit Apartment Building $4,897,836 CAD ($1,224,459 CAD/Unit) 4.20% Cap Rate New York, NY 10035
Investment Highlights
- Corner Building, Newly Renovated, New roof, Renovated Exterior, All units Separated, 2 Garages Parking
Executive Summary
Don't miss this incredible opportunity in historic East Harlem! This Corner 4-story brick building newly renovated to perfection. Located near 116th Street, East River Plaza, and amenities, it offers convenience and charm. 2296 Second Ave is located in a desirable zoning (FAR 7.52, R9A, C2-5, EHC/TA). This building has a new roof, separate utilities, and spacious 3-bedroom apartments with modern kitchens. Plus, it includes a retail store and 2 garages, making parking easy. In excellent condition, it offers strong cash flow and revenue potential. Whether you're an investor or seeking a great place to live, this East Harlem gem has it all. Must See!
Property Facts
| Price | $4,897,836 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $1,224,459 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 4.20% | Building Size | 4,492 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2022 |
| Property Subtype | Apartment | Parking Ratio | 0.45/1,000 SF |
| Zoning | R9A - C2-5, EHC/TA | ||
| Price | $4,897,836 CAD |
| Price Per Unit | $1,224,459 CAD |
| Sale Type | Investment |
| Cap Rate | 4.20% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,492 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1900/2022 |
| Parking Ratio | 0.45/1,000 SF |
| Zoning | R9A - C2-5, EHC/TA |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Views
- Skylights
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Maintenance on site
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 1689-0049 | Improvements Assessment | $156,219 CAD |
| Land Assessment | $17,711 CAD | Total Assessment | $173,930 CAD |
Property Taxes
Parcel Number
1689-0049
Land Assessment
$17,711 CAD
Improvements Assessment
$156,219 CAD
Total Assessment
$173,930 CAD
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2296 2nd Ave
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