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529 W 138th St
New York, NY 10031
Multifamily Property For Sale
·
10 Units
EXECUTIVE SUMMARY
Boutique and immaculate, just off Broadway, 10 unit Hamilton Heights investment property, superbly maintained building, windows and roof upgraded, mix of Free Market, Rent Controlled and Rent Stabilized 3 bedroom rental units, fully occupied. Prime building and block, and prime Hamilton Heights location, dove-tailed between City College to the East at the end of the block and Riverbank State Park to the West with open aspects across West 138th St. and athletic fields to the South.
Investor ready, fully occupied, 5 free market apartments, ten total. Nine three bedroom units, one first floor two bedroom apartment. Excellent mechanicals, boiler replaced 2019, individually metered apartments, value add possibilities.
Broker to broker notes: Minimum 24 hour notice for showing
Investor ready, fully occupied, 5 free market apartments, ten total. Nine three bedroom units, one first floor two bedroom apartment. Excellent mechanicals, boiler replaced 2019, individually metered apartments, value add possibilities.
Broker to broker notes: Minimum 24 hour notice for showing
PROPERTY FACTS
| Price Per Unit | $509,071 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.88% | Building Size | 8,885 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/1986 |
| Apartment Style | Mid-Rise | ||
| Zoning | R7-2, New York, (C1) - a medium-density residential zoning district that's similar to R7-1 zoning, but with lower parking requirements | ||
| Price Per Unit | $509,071 CAD |
| Sale Type | Investment |
| Cap Rate | 5.88% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 8,885 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1910/1986 |
| Zoning | R7-2, New York, (C1) - a medium-density residential zoning district that's similar to R7-1 zoning, but with lower parking requirements |
AMENITIES
UNIT AMENITIES
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 9 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 2070-0016 | Improvements Assessment | $210,254 CAD |
| Land Assessment | $12,996 CAD | Total Assessment | $223,250 CAD |
PROPERTY TAXES
Parcel Number
2070-0016
Land Assessment
$12,996 CAD
Improvements Assessment
$210,254 CAD
Total Assessment
$223,250 CAD
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