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Multifamily Elevator Building 120 W 140th St 55 Unit Apartment Building $9,200,000 ($167,273/Unit) 8% Cap Rate New York, NY 10030
Investment Highlights
- Vintage building with passenger elevator.
- Directly beside the Fred Samuel Playground.
Executive Summary
West Harlem
Located in A Designated IRS Opportunity Zone
Priced Good
Building in decent Condition
Elevator
Located in A Designated IRS Opportunity Zone
Priced Good
Building in decent Condition
Elevator
Property Facts
| Price | $9,200,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $167,273 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.53 AC |
| Cap Rate | 8% | Building Size | 126,000 SF |
| Gross Rent Multiplier | 7.5 | Average Occupancy | 100% |
| No. Units | 55 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R-7 - Residential | ||
| Price | $9,200,000 |
| Price Per Unit | $167,273 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Gross Rent Multiplier | 7.5 |
| No. Units | 55 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.53 AC |
| Building Size | 126,000 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1915 |
| Opportunity Zone |
Yes |
| Zoning | R-7 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Vintage Building
- Elevator
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Number | 2008-0013 | Improvements Assessment | $5,121,450 |
| Land Assessment | $1,462,500 | Total Assessment | $6,583,950 |
Property Taxes
Parcel Number
2008-0013
Land Assessment
$1,462,500
Improvements Assessment
$5,121,450
Total Assessment
$6,583,950
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Brook Management
Multifamily Elevator Building | 120 W 140th St
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