This Multifamily Property is no longer advertised on LoopNet.com.

1479 York Ave
New York, NY 10075
Multifamily Property For Sale · 9 Units

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.04 AC
Building Size 7,500 SF
No. Stories 5
Year Built/Renovated 1910/2016
Zoning R10A/ C1-5 - Commercial district predominantly residential in character.

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Hardwood Floors
  • Stainless Steel Appliances

About 1479 YORK AVE , NEW YORK, NY 10075

This five story, 10-unit walk-up consists of 9 free market residential apartments (all occupied) and 1 commercial space. Apartments are newly renovated with pristine finishes. They consist of six 2 bedroom, one flex-2 bedroom, one 1 bedroom and one studio. Residential interiors speak to today's renters offering the aesthetics of wood stripped flooring, exposed brick, modern kitchens, stainless steel appliances with six units outfitted with in-unit washer-dryers. A 1031 exchange or a potential developer will find great upside here. The building just completed replacement of its electrical system. It also has available 11,250 of unused air rights. Plus, with the possible purchase of the building next door, potential owners have the option to buy a combination for a reduced price, which will increase to 45,000, the air rights possible for future develop. With the opening of the 2nd Ave subway, area neighborhoods are realizing an influx of activity and the local proprietors are benefiting. Restaurants and shops are super busy and new residents are searching for great places to live. Take advantage of this unique moment to own and invest in Manhattans iconic Upper East Side.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -
2+1 1 - -
1+1 1 - -
Studios 1 - -

Property Taxes

Property Taxes

Parcel Number
1473-0023
Land Assessment
$216,433
Improvements Assessment
$467,523
Total Assessment
$683,956
  • Listing ID: 12693884

  • Date on Market: 5/28/2018

  • Last Updated:

  • Address: 1479 York Ave, New York, NY 10075

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