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552 W 148th St
New York, NY 10031
552 West 148th Street · Multifamily Property For Sale
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11 Units
INVESTMENT HIGHLIGHTS
- Vacant value add opportunity within a vacant walkup townhouse in Hamilton Heights
- Located a few blocks from the 145th St Station
- 1 or 2-Family or Condo Conversion Potential
EXECUTIVE SUMMARY
Invictus Property Advisors has been retained on an exclusive basis for the sale of a vacant townhouse in need of a full gut renovation located on 148th Street in Hamilton Heights, Manhattan.
The building is currently an SRO but current ownership has an active Certificate of No Harassment (CNH). Ownership previously had plans approved for a two-family with a fifth story pop-up addition.
A future investor will benefit from the property being in protected tax class 2A, which limits tax increases yearly and over a 5-year period. The building is conveniently located a few blocks away from the 1 line at the 145th Street Station.
The building is currently an SRO but current ownership has an active Certificate of No Harassment (CNH). Ownership previously had plans approved for a two-family with a fifth story pop-up addition.
A future investor will benefit from the property being in protected tax class 2A, which limits tax increases yearly and over a 5-year period. The building is conveniently located a few blocks away from the 1 line at the 145th Street Station.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 2079-0054 | Improvements Assessment | $90,159 CAD |
| Land Assessment | $52,771 CAD | Total Assessment | $142,930 CAD |
PROPERTY TAXES
Parcel Number
2079-0054
Land Assessment
$52,771 CAD
Improvements Assessment
$90,159 CAD
Total Assessment
$142,930 CAD
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