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Manhattan Brownstone Live +Income | Under $1M 539 W 148th St 6 Unit Apartment Building $1,223,510 CAD ($203,918 CAD/Unit) New York, NY 10031



Investment Highlights
- Partial Vacancy: 50% of the units will be delivered vacant at closing
- Substantial Air Rights: The tax lot measures 25’ x 100’ in R6A zoning, allowing for expansion or disposition of additional 4,082 BSF of development ri
- Tax Protected: Classified tax class 2A, limiting real estate tax increases to a max of 8% per year or 30% over five years
- Owner-User Potential: Vacancies present opportunity for an owner user to either occupy a portion of the building or pursue a single family home conver
- Architecturally Significant Block: The property sits on a desirable residential block surrounded by brownstone townhomes
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Number | 2080-0014 | Improvements Assessment | $106,099 CAD |
| Land Assessment | $32,093 CAD | Total Assessment | $138,192 CAD |
Property Taxes
Parcel Number
2080-0014
Land Assessment
$32,093 CAD
Improvements Assessment
$106,099 CAD
Total Assessment
$138,192 CAD
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Manhattan Brownstone Live +Income | Under $1M | 539 W 148th St
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