Historical Multifamily Sale Listing - FORECLOSURE SALE WITH BONUS PROPERTY

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Manhattan, NY or New York

FORECLOSURE SALE WITH BONUS PROPERTY

415 West 150th Street, Manhattan, NY 10031

N/A

16 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
16
Building Size:
36,100 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
13%
Gross Rent Multiplier:
7.50
Occupancy:
75%
Lot Size:
6,850 SF
Listing ID
17105797
Last Updated
over 1 year ago

Description

NOTES FOR SALE

Plus Bonus Building 145 W 129th Street
4 Family - Gut Rehab, Needs $300K in work then worth $2MM

415 West 150th Street - 16 units. Has C of O and is rented
Has 6100' medical space - was rented, is now vacant.
BRAND NEW CONSTRUCTION

Building is all two bedroom and should be rented for about $2500 per month each unit is at market rent for this type of apartment.

This is a NOTE sale with another NOTE on 145 West 129th Street with a total unpaid balance for both properties totaling approximately $12,000,000+ of which I have details should you need. The bank will take $5,500,000.
Take them both for $5.5MM

Incredible construction top of the line touches to each unit.

145 West 129th Street - 4 unit gutted- needs $300,000 in work then worth $2,000,000.

ALL VERY CLOSE TO FINAL FORECLOSURE, DON'T MISS OUT ON THIS GREAT DEAL.

Map of 415 West 150th Street, Manhattan, NY 10031 (New York County)

Research for 415 West 150th Street, Manhattan, NY 10031 (New York County)

  • Demographics – Population, income & other demographics near 415 West 150th Street
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building