118-120 E 93rd St
New York, NY 10128
Multifamily Property For Sale
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38 Units
Property Facts
| No. Units | 38 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 43,597 SF |
| Property Subtype | Apartment | No. Stories | 10 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1926/2019 |
| Building Class | C | ||
| Zoning | R8B | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 43,597 SF |
| No. Stories | 10 |
| Year Built/Renovated | 1926/2019 |
| Zoning | R8B |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
About 118-120 E 93RD ST , NEW YORK, NY 10128
118 East 93rd Street is a ~43,597 square foot building comprised of 37 two-bedroom and 1 three-bedroom penthouse unit as well as a beautiful large private balcony. The property is currently renting at approximately $47 per net square foot. The building consists of 1 rent controlled, 20 rent stabilized and 17 free market apartments, of which 9 have been gut renovated to condominium quality finishes. There are plans to transform the penthouse unit into an ultra luxurious 3 bedroom unit with exclusive elevator access and a large terrace with beautiful views. 118 East 93rd Street is near the 6 train at 96th Street & Lexington Avenue as well as the 456 trains at 86th Street and Lexington Avenue. 118 East 93rd Street presents an excellent opportunity for investors to acquire a well located, low maintenance, multifamily building with significant in-place cash flow and remaining upside.
Property Taxes
| Parcel Number | 1521-0064 | Improvements Assessment | $2,380,410 |
| Land Assessment | $409,050 | Total Assessment | $2,789,460 |
Property Taxes
