Se Connecter/S’inscrire
Votre courriel a été envoyé.
579-587 Fort Washington Ave 64 Unité Immeuble d’appartements 11 079 280 $ CAD (173 114 $ CAD/Unité) 6,35% Taux de capitalisation New York, NY 10033
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Located two blocks from the A subway line with direct Midtown access
- Strong collections consistently above 95%
- Newly pointed facade enhances curb appeal and longevity
- Recently converted from oil to gas for improved efficiency
- Favorable spread between legal and preferential rents
- Surrounded by parks, schools, and major institutions in Hudson Heights
RÉSUMÉ DE L'ANNONCE
Nestled in the heart of Hudson Heights, 579 Fort Washington Avenue presents a rare opportunity to acquire a 62-unit multifamily asset in one of Manhattan’s most vibrant and transit-rich neighborhoods. This pre-war, six-story walk-up spans 46,550 square feet and sits on a 12,500 SF lot with favorable zoning (R7-2/C1-4), offering 3,450 SF of unused air rights and a total buildable area of 50,000 SF.
The property features predominantly one-bedroom units, with a favorable spread between legal and preferential rents, providing upside potential for investors. Recent capital improvements include a full facade pointing and a conversion from oil to gas, enhancing operational efficiency and long-term value. With collections consistently exceeding 95%, the building demonstrates strong tenant stability and income reliability.
Located just two blocks from the A subway line, residents enjoy seamless access to Midtown Manhattan, while the surrounding area offers walkable streets, lush green spaces like Bennett Park and Fort Washington Park, and proximity to top-tier institutions such as Yeshiva University and Columbia’s Mailman School of Public Health. The neighborhood’s high Walk Score of 86 and perfect Transit Score of 100 underscore its desirability for renters seeking convenience and connectivity.
This asset generates a potential gross annual income of $1.1M, with a net operating income of $508K and a competitive cap rate of 6.35%. With a price per unit of $129,032 and a price per square foot of $172, 579 Fort Washington Avenue is a compelling investment in a high-demand submarket with long-term growth prospects.
The property features predominantly one-bedroom units, with a favorable spread between legal and preferential rents, providing upside potential for investors. Recent capital improvements include a full facade pointing and a conversion from oil to gas, enhancing operational efficiency and long-term value. With collections consistently exceeding 95%, the building demonstrates strong tenant stability and income reliability.
Located just two blocks from the A subway line, residents enjoy seamless access to Midtown Manhattan, while the surrounding area offers walkable streets, lush green spaces like Bennett Park and Fort Washington Park, and proximity to top-tier institutions such as Yeshiva University and Columbia’s Mailman School of Public Health. The neighborhood’s high Walk Score of 86 and perfect Transit Score of 100 underscore its desirability for renters seeking convenience and connectivity.
This asset generates a potential gross annual income of $1.1M, with a net operating income of $508K and a competitive cap rate of 6.35%. With a price per unit of $129,032 and a price per square foot of $172, 579 Fort Washington Avenue is a compelling investment in a high-demand submarket with long-term growth prospects.
FAITS SUR LA PROPRIÉTÉ
| Prix | 11 079 280 $ CAD | Style d’appartement | De hauteur moyenne |
| Prix par unité | 173 114 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,29 AC |
| Taux de capitalisation | 6,35% | Taille du bâtiment | 39 400 pi² |
| Nombre d’unités | 64 | Nombre d’étages | 5 |
| Type de propriété | Immeuble residentiel | Année de construction | 1924 |
| Sous-type de propriété | Appartement | ||
| Zonage | R7-2 - Résidentiel à densité moyenne | ||
| Prix | 11 079 280 $ CAD |
| Prix par unité | 173 114 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,35% |
| Nombre d’unités | 64 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 0,29 AC |
| Taille du bâtiment | 39 400 pi² |
| Nombre d’étages | 5 |
| Année de construction | 1924 |
| Zonage | R7-2 - Résidentiel à densité moyenne |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Chauffage
- Cuisine
- Fourchette
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| Studios | 64 | - | - |
1 1
Walk Score®
Très pratique à pied (85)
Transit Score®
Un paradis pour conducteur (100)
Impôts fonciers
| Numéro de lot | 2179-0218 | Évaluation des bâtiments | 2 112 098 $ CAD |
| Évaluation du terrain | 216 518 $ CAD | Évaluation totale | 2 328 616 $ CAD |
Impôts fonciers
Numéro de lot
2179-0218
Évaluation du terrain
216 518 $ CAD
Évaluation des bâtiments
2 112 098 $ CAD
Évaluation totale
2 328 616 $ CAD
1 de 3
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
1 de 1
Présenté par
579-587 Fort Washington Ave
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.