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NOTE on HARLEM NEW BUILDING in foreclosure16 UNITS
415 West 150th Steet, Manhattan, NY 10031
20 Units | Multifamily
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Multifamily Property - Off Market
- No. Units:
- Building Size:
- 30,000 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Commission Split:
- Cap Rate:
- Gross Rent Multiplier:
- Lot Size:
- 6,850 SF
- Listing ID
- Last Updated
- over 1 year ago
415 WEST 150TH STREET-16 UNITS. HAS C of O AND IS RENTED.
HAS 6000' MEDICAL SPACE WAS RENTED IS NOW VACANT
Building is all two bedroom and should be rented for about $2500 per month each it is thought at market price
It is a NOTE sold with another NOTE on 145 West 129th Street with a total unpaid balance for both properties totaling approximately $13,500,000 of which I have details should you need. The bank will take $5,500,000 + fee for both notes secured by these properties. Near final foreclosure.
The value of the properties is between $18 & $20 million.
145 WEST 129TH STREET 4 UNIT GUTTED SHELL.
good building in a very nice area. There can be between $650,000 and $700,000 in income in my estimation.
The idea would be to by the note and get a receiver in place and finish the foreclosure.
FOR MORE INFORMATION PLEASE CONTACT:
**PLEASE DO NOT CONTACT ANTHONY GAGLIANO ABOUT THIS LISTING**
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P