This property is Off-Market
415 West 150th Street
Manhattan, NY 10031 ·
16 Units · Multifamily For Sale
FORECLOSURE SALE WITH BONUS PROPERTY
|No. Units||16||Cap Rate||13%|
|Building Size||36,100 SF||Gross Rent Multiplier||7.50|
|Property Sub-type||Mid/High-Rise||Lot Size||6,850 SF|
|Property Use Type||Investment|
|Listing ID: 17105797||Date Created: 04/06/2011||Last Updated: 10/07/2011|
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.
415 West 150th Street, Manhattan, NY 10031 (New York County)
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