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446 W 55th St 20 Unit Apartment Building $9,500,000 ($475,000/Unit) 5.89% Cap Rate New York, NY 10019
Investment Highlights
- Located in Clinton-Hell's Kitchen
Executive Summary
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Property Facts
| Price | $9,500,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $475,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.89% | Building Size | 10,000 SF |
| No. Units | 20 | Average Occupancy | 20% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1901 |
| Zoning | C6-2 - Located in the Hell's Kitchen neighborhood of Manhattan between 9th Ave & 10th Ave near the 59th St - Columbus Circle subway station. | ||
| Price | $9,500,000 |
| Price Per Unit | $475,000 |
| Sale Type | Investment |
| Cap Rate | 5.89% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 20% |
| No. Stories | 5 |
| Year Built | 1901 |
| Zoning | C6-2 - Located in the Hell's Kitchen neighborhood of Manhattan between 9th Ave & 10th Ave near the 59th St - Columbus Circle subway station. |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Fireplace
- Washer/Dryer
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 350 |
| 1+1 | 10 | - | 500 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 1064-0055 | Improvements Assessment | $759,690 |
| Land Assessment | $225,900 | Total Assessment | $985,590 |
Property Taxes
Parcel Number
1064-0055
Land Assessment
$225,900
Improvements Assessment
$759,690
Total Assessment
$985,590
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446 W 55th St
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