16-20 Convent Ave | New York, NY 10027
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- LoopNet Team
16-20 Convent Ave
New York, NY 10027
Pay Parking Lot · Land For Sale
·
0.23 AC
INVESTMENT HIGHLIGHTS
- NNN Lease
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.23 AC |
| Property Subtype | Residential | No. Stories | 1 |
| Proposed Use | Multifamily | ||
| Zoning | R7-2, New York (G7) - Medium Density Apartment House District | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.23 AC |
| No. Stories | 1 |
| Zoning | R7-2, New York (G7) - Medium Density Apartment House District |
DESCRIPTION
Property is located on the corner of Convent Avenue and 128th Street in Manhattanville near Columbia University. It is a vacant lot. Currently leased to Verizon. They use it to park their trucks. They currently pay $200,000 in rent annually. It is a NNN lease. The lease expires on January 31, 2025. Tenant pays 100% of the real estate taxes. There is currently an assumable mortgage on the property of $1 Million. The FAR on the property is 4.00 and consists of 36,876 Buildable Sq Ft.
PROPERTY TAXES
| Parcel Number | 1967-0078 | Improvements Assessment | $0 |
| Land Assessment | $531,980 | Total Assessment | $531,980 |
PROPERTY TAXES
Parcel Number
1967-0078
Land Assessment
$531,980
Improvements Assessment
$0
Total Assessment
$531,980
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