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125 Lexington Ave
New York, NY 10016
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 6,367 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 6 |
| Building Class | C | Year Built | 1910 |
| Zoning | C6-2A | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,367 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1910 |
| Zoning | C6-2A |
ABOUT 125 LEXINGTON AVE , NEW YORK, NY 10016
Located between the heavily traveled streets of 28th and 29th and just steps from public transportation and shopping, this 4 story, pre-war property consists of 8 (1-BR / 1-BA units: 4 Stabilized, 4 Free Market), a successful retail storefront, and basement space. Several other apartments are close to being destabilized while retail is paying below market value. The residential units consist of many classic details from hardwood floors, decorative period fixtures, and mantels. Several of the units are in their original condition, leaving significant room for upside on below Market Rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 642 |
PROPERTY TAXES
| Parcel Number | 0884-0023 | Improvements Assessment | $818,419 |
| Land Assessment | $172,919 | Total Assessment | $991,338 |
PROPERTY TAXES
