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HAP One NY 419 E 117th St 8 Unit Apartment Building $2,750,000 ($343,750/Unit) 7.70% Cap Rate New York, NY 10035
INVESTMENT HIGHLIGHTS
- Near Thomas Jefferson Park
EXECUTIVE SUMMARY
Living NY is proud to serve as the exclusive agent for the sale of 419 East 117th Street, a prime investment property in Manhattan’s vibrant East Harlem neighborhood. Situated on the north side of East 117th Street between Pleasant Avenue and First Avenue, this property features eight fully renovated residential apartments spanning approximately 6,440 gross square feet. Price Negotiable. Motivated Seller.
PROPERTY FACTS
| Price | $2,750,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $343,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.70% | Building Size | 5,655 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2012 |
| Zoning | R7B - R7 - Medium-density apartment house district with lower parking requirements | ||
| Price | $2,750,000 |
| Price Per Unit | $343,750 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 5,655 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built/Renovated | 1900/2012 |
| Zoning | R7B - R7 - Medium-density apartment house district with lower parking requirements |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
SITE AMENITIES
- Community-Wide WiFi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 3 | - | - |
| 2+2 | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 1711-0010 | Improvements Assessment | $93,354 |
| Land Assessment | $45,551 | Total Assessment | $138,905 |
PROPERTY TAXES
Parcel Number
1711-0010
Land Assessment
$45,551
Improvements Assessment
$93,354
Total Assessment
$138,905
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Presented by
View Residential, LLC
HAP One NY | 419 E 117th St
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