Log In/Sign Up
408-410 130th St
New York, NY 10027
408 West 130th Street · Multifamily Property For Sale
·
83 Units
Investment Highlights
- Upside Potential: Significantly belowmarket rents with tremendous upside upon rollover. Average in-place rents are currently less than $1,750
- Amenities: Modern lobby, on-site laundry, and live-in super
- Family Friendly Neighborhood: Excellent West Harlem school districts, restaurants, playgrounds, parks, museums, and shopping
- Prime Location: Situated between City College and Columbia University and around the corner from St. Nicholas Park
- Tax Benefits: J-51 tax exemption and abatement with over 25 years remaining on the J-51 exemption, resulting in roughly 50% savings on taxes
- Mass Transit: Short walk to the 125th Street Subway [A, C, B, D] at 126th Street and St. Nicholas Avenue and the 125th Street Subway
Property Facts
| No. Units | 83 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 63,264 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1926/2013 |
| Building Class | C | ||
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements | ||
| No. Units | 83 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 63,264 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1926/2013 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Crown Molding
- Kitchen
- Hardwood Floors
- Vaulted Ceiling
- Stainless Steel Appliances
- Intercom
Site Amenities
- Laundry Facilities
- Security System
- Elevator
About 408-410 130TH ST , NEW YORK, NY 10027
The property, which is directly across from The City College of New York to the north and 10 blocks from Columbia University to the south, is comprised of 28 studio units, 34 one-bedroom units, 15 two-bedroom units, and 6 three-bedroom units. Dozens of new developments dot the area, and with the expansion of Columbia University, investors have tremendous future upside in rents as tenants vacate the meticulously maintained building. Buildings of this scale and caliber rarely come to market in this neighborhood.
Property Taxes
| Parcel Number | 1969-0050 | Improvements Assessment | $3,668,490 |
| Land Assessment | $292,500 | Total Assessment | $3,960,990 |
Property Taxes
Parcel Number
1969-0050
Land Assessment
$292,500
Improvements Assessment
$3,668,490
Total Assessment
$3,960,990
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
