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546 W 188th St 4 Unit Apartment Building $2,495,592 CAD ($623,898 CAD/Unit) 6% Cap Rate New York, NY 10040

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INVESTMENT HIGHLIGHTS

  • One block from 1 train
  • Close to George Washington Bridge

EXECUTIVE SUMMARY

Well maintained legal 4 family residential building

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $133,584 $35.91
Other Income - -
Vacancy Loss - -
Effective Gross Income $133,584 $35.91
Taxes $9,184 $2.47
Operating Expenses $22,264 $5.98
Total Expenses $31,448 $8.45
Net Operating Income $102,136 $27.46

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income (CAD)
Annual $133,584
Annual Per SF $35.91
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $133,584
Annual Per SF $35.91
Taxes (CAD)
Annual $9,184
Annual Per SF $2.47
Operating Expenses (CAD)
Annual $22,264
Annual Per SF $5.98
Total Expenses (CAD)
Annual $31,448
Annual Per SF $8.45
Net Operating Income (CAD)
Annual $102,136
Annual Per SF $27.46

PROPERTY FACTS

Price $2,495,592 CAD
Price Per Unit $623,898 CAD
Sale Type Investment
Cap Rate 6%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.03 AC
Building Size 3,720 SF
No. Stories 4
Year Built 1920
Opportunity Zone Yes
Zoning R7-2 - Medium-Density Apartment House District with Lower Parking Requirements.

AMENITIES

UNIT AMENITIES

  • Heating

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $3,154 CAD 930
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2158-0015
Land Assessment
$44,299 CAD (2025)
Improvements Assessment
$31,204 CAD (2025)
Total Assessment
$75,503 CAD (2025)
Annual Taxes
$9,184 CAD ($2.47 CAD/SF)
Tax Year
2022
  • Listing ID: 28288765

  • Date on Market: 2023-04-21

  • Last Updated:

  • Address: 546 W 188th St, New York, NY 10040

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