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1904-1906 3rd Ave
New York, NY 10029
Multifamily Property For Sale
·
23 Units
Investment Highlights
- Corner asset with 17,000 square feet of available air rights.
- Property includes revenue-generating antenna.
Property Facts
| No. Units | 23 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 19,615 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | B | ||
| Zoning | R9 | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 19,615 SF |
| No. Stories | 5 |
| Year Built | 1910 |
| Zoning | R9 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- 24 Hour Access
About 1904-1906 3RD AVE , NEW YORK, NY 10029
This property is on the same block as White Park and is accessible via the 4 and 6 trains at 103rd Street. The properties consists of 20 apartments and 3 retail stores in addition to a revenue-generating antenna. This strong value add asset offers upside potential, with only 50% of units currently at Free Market rents. 10 apartments are free market, 8 are rent stabilized, and 1 is rent controlled. The remaining unit is the super. 40+ Years of ownership with third party management.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,323,879 | |
| Land Assessment | $290,868 | Total Assessment | $1,614,747 |
Property Taxes
Parcel Numbers
Land Assessment
$290,868
Improvements Assessment
$1,323,879
Total Assessment
$1,614,747
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