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120 Haven Ave
New York, NY 10032
Multifamily Property For Sale
·
35 Units
Investment Highlights
- This 35-unit walk-up building comprises six one-bedroom, 25 two-bedroom, and four three-bedroom apartments.
- With a high average rent of $2,084 per month, the building offers investors a steady annual cash flow of $382,993.
- 120 Haven Avenue is well located, close to Jay Hood Wright Park, the George Washington Bridge, and the 175th Street A Train.
- 7.0% Cap Rate | 6.3x GRM | $157,143 Per Unit | $214 Per Sqft.
- Additionally, there is $364,182 in delta upside between the actual and legal rent, which owners can capitalize upon vacancy.
Property Facts
| No. Units | 35 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 25,755 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | ||
| Zoning | R8 | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 25,755 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | R8 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | - | 642 |
| 2+1 | 10 | - | 906 |
Property Taxes
| Parcel Number | 2139-0289 | Improvements Assessment | $1,420,380 |
| Land Assessment | $141,750 | Total Assessment | $1,562,130 |
Property Taxes
Parcel Number
2139-0289
Land Assessment
$141,750
Improvements Assessment
$1,420,380
Total Assessment
$1,562,130
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