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Mid Construction Free Market Multi-Family 257 W 134th St 15 Unit Apartment Building $3,700,000 ($246,667/Unit) New York, NY 10030
Investment Highlights
- The property is approximately 90% completed. Project turnaround can be done within a year.
- The Property is located in between 135th Street [B,C,2,3] Subway Stations.
- Close proximity to City College, & Columbia University.
- Protected Tax Class 2B
Executive Summary
*Asset CRG Advisors has been exclusively retained to market this mid-construction Multi-Family project at 257 W 134th Street, New York, NY 10030.
*This five-story development is approximately 90% complete and consists of fifteen residential units. The unit mix includes (8) studio apartments and (7) one-bedroom units, each with one bathroom.
*Plans are in place and available upon request.
*Ideally positioned between the 135th Street [B,C] and [2,3] subway stations, the property offers convenient transit access in a rapidly evolving Central Harlem neighborhood.
*This five-story development is approximately 90% complete and consists of fifteen residential units. The unit mix includes (8) studio apartments and (7) one-bedroom units, each with one bathroom.
*Plans are in place and available upon request.
*Ideally positioned between the 135th Street [B,C] and [2,3] subway stations, the property offers convenient transit access in a rapidly evolving Central Harlem neighborhood.
Property Facts
| Price | $3,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $246,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Sale Condition | Redevelopment Project | Building Size | 10,137 SF |
| No. Units | 15 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R7-2, Manhattan (C5) - Medium-density apartment house district with lower parking requirements | ||
| Price | $3,700,000 |
| Price Per Unit | $246,667 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 10,137 SF |
| Average Occupancy | 0% |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R7-2, Manhattan (C5) - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Vintage Building
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 7 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Property Taxes
| Parcel Numbers | Improvements Assessment | $288,909 | |
| Land Assessment | $29,219 | Total Assessment | $318,128 |
Property Taxes
Parcel Numbers
Land Assessment
$29,219
Improvements Assessment
$288,909
Total Assessment
$318,128
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Mid Construction Free Market Multi-Family | 257 W 134th St
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