Log In/Sign Up
Your email has been sent.
244 W 121st St 3 Unit Apartment Building $3,495,000 ($1,165,000/Unit) 3.45% Cap Rate New York, NY 10027
Investment Highlights
- Duplex: $4,575.00 Lease Exp 11/30/2025
- Unit 3: $3,250.00 Lease Exp 11/30/2026
- Unit 2: $3,000.00 Lease Exp 8/31/2026
Executive Summary
All Free Market
3 Units, 4 Stories
3,440 sq ft
Three family townhouse with a 2 Bedroom, 3 Bathroom Duplex and two 1 Bedroom floor through units,
Can be converted to a single family townhouse.
High Ceilings
Backyard garden
Duplex: $4,575.00 Lease Exp 11/30/2025
Unit 2: $3,000.00 Lease Exp 8/31/2026
Unit 3: $3,250.00 Lease Exp 11/30/2026
Monthly Income: $10,825.00
Yearly Income: $129,900.00
3 Units, 4 Stories
3,440 sq ft
Three family townhouse with a 2 Bedroom, 3 Bathroom Duplex and two 1 Bedroom floor through units,
Can be converted to a single family townhouse.
High Ceilings
Backyard garden
Duplex: $4,575.00 Lease Exp 11/30/2025
Unit 2: $3,000.00 Lease Exp 8/31/2026
Unit 3: $3,250.00 Lease Exp 11/30/2026
Monthly Income: $10,825.00
Yearly Income: $129,900.00
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $3,495,000 | Property Subtype | Apartment |
| Price Per Unit | $1,165,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.45% | Lot Size | 0.04 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,671 SF |
| No. Units | 3 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1910 |
| Zoning | R7-A, New York - R7 - Medium-density apartment house district with lower parking requirements | ||
| Price | $3,495,000 |
| Price Per Unit | $1,165,000 |
| Sale Type | Investment |
| Cap Rate | 3.45% |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,671 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R7-A, New York - R7 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Air Conditioning
- Eat-in Kitchen
- Oven
- Tub/Shower
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+3 | 1 | - | - |
| 1+1 | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
Property Taxes
| Parcel Number | 1926-0051 | Improvements Assessment | $47,924 |
| Land Assessment | $15,934 | Total Assessment | $63,858 |
Property Taxes
Parcel Number
1926-0051
Land Assessment
$15,934
Improvements Assessment
$47,924
Total Assessment
$63,858
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Jayem Management
244 W 121st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.