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168 W 133rd St - Harlem SRO Brownstone Investment Opportunity 10 Unit Apartment Building Offered at $995,000 at a 7.06% Cap Rate New York, NY 10030



Investment Highlights
- Brownstone under $1 million
- Air Rights
- Full Garden level delivered vacant
Executive Summary
Opportunity to turn sweat equity into a long term windfall. The property is well situated close to the 2,3 as well as the B,C train and retail corridors on West 135th street as well as Frederick Douglass boulevard. Within close proximity to major universities including Columbia and City College, this property is ideally located in one of Manhattan’s most convenient neighborhoods. The area and the block feature a mix of brownstone buildings, as well as apartment buildings and within close proximity are several landmark districts including Striver’s Row.
This SRO in Central Harlem will be delivered with 6 of the 8 rooms occupied on floors 3-4. Church space which is updated will be delivered vacant and is a larger footprint than the floors above. Parlor floor which is a 1 bedroom apartment in need of renovation will be delivered vacant as well. All tenants current on rent. Please email for setup. Will delivered occupied, without CNH and subject to any and all violations.
This SRO in Central Harlem will be delivered with 6 of the 8 rooms occupied on floors 3-4. Church space which is updated will be delivered vacant and is a larger footprint than the floors above. Parlor floor which is a 1 bedroom apartment in need of renovation will be delivered vacant as well. All tenants current on rent. Please email for setup. Will delivered occupied, without CNH and subject to any and all violations.
Property Facts
| Price | $995,000 | Property Type | Multifamily |
| Price Per Unit | $99,500 | Building Size | 2,550 SF |
| Sale Type | Investment | Average Occupancy | 80% |
| Cap Rate | 7.06% | No. Stories | 4 |
| No. Units | 10 | Year Built | 1880 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements | ||
| Price | $995,000 |
| Price Per Unit | $99,500 |
| Sale Type | Investment |
| Cap Rate | 7.06% |
| No. Units | 10 |
| Property Type | Multifamily |
| Building Size | 2,550 SF |
| Average Occupancy | 80% |
| No. Stories | 4 |
| Year Built | 1880 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1917-0158 | Improvements Assessment | $53,010 |
| Land Assessment | $30,600 | Total Assessment | $83,610 |
Property Taxes
Parcel Number
1917-0158
Land Assessment
$30,600
Improvements Assessment
$53,010
Total Assessment
$83,610
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Presented by
Bsrg Real Estate
168 W 133rd St - Harlem SRO Brownstone Investment Opportunity
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