This property is Off-Market
415 West 150th Steet
Manhattan, NY 10031 ·
20 Units · Multifamily For Sale
NOTE on HARLEM NEW BUILDING in foreclosure16 UNITS
|No. Units||20||Commission Split||1%|
|Building Size||30,000 SF||Cap Rate||7%|
|Property Type||Multifamily||Gross Rent Multiplier||8|
|Property Use Type||Investment||Lot Size||6,850 SF|
|Listing ID: 16983777||Date Created: 01/18/2011||Last Updated: 02/28/2011|
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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