1481 York Ave
New York, NY 10075
Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 7,500 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built/Renovated | 1910/2016 |
| Zoning | R10A | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 7,500 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1910/2016 |
| Zoning | R10A |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Stainless Steel Appliances
About 1481 YORK AVE , NEW YORK, NY 10075
Five story, 10-unit walk-up consisting of 9 free market residential apartments (all occupied) and 1 commercial space (lease exp. 2021). Apartments are newly renovated with pristine finishes. They consist of (6) two-bedroom, (1) flex-2 bedroom, (1) one-bedroom and (1) studio. 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.Building dimensions are 25 feet wide x 60 feet deep. Building square footage is 7500’ (6000' residential + 1500 commercial). It also has available 11,250 of unused air rights. 1479 York Avenue produces solid in-place income and offers upside for an investor/developer near-term as the neighborhood flourishes from the recently opened 2nd Ave subway line. New owners will benefit from the building’s fully replaced electrical system, just completed. Additionally, 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 Next to the Q trains with the 4 5 6 lines near-by.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 300 |
| 1+1 | 1 | - | 800 |
| 2+1 | 6 | - | 650 |
Property Taxes
| Parcel Number | 1473-0024 | Improvements Assessment | $692,105 |
| Land Assessment | $215,305 | Total Assessment | $907,410 |
Property Taxes
