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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
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1633-0034
  • 1633-0033
Land Assessment
$310,584
Improvements Assessment
$1,379,533
Total Assessment
$1,690,117
  • Listing ID: 14816143

  • Date on Market: 1/9/2019

  • Last Updated:

  • Address: 1904-1906 3rd Ave, New York, NY 10029

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