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- LoopNet Team
125 Lexington Ave
New York, NY 10016
8 Family with Store Possibly 4 Vacancies · Multifamily Property For Sale
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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 St, this beauty will not last. This immaculate property consists of 8 1-BR units (5 Stabilized, 3 Free Market) ****UPDATE there may be upto 4 Vacancies**** and a Retail storefront with basement space. Several apartments are close to being destabilized. Retail is paying below market as well. There are no violations or title issues, so owners can close the deal quickly making this extremely suitable for a 1031 Exchange. There may be a possibility of extending the building above the extension made by the store. Beautifully maintained. Excellent opportunity for 1031.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 0884-0023 | Improvements Assessment | $818,419 |
| Land Assessment | $172,919 | Total Assessment | $991,338 |
PROPERTY TAXES
