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469 W 141st St 4 Unit Apartment Building $2,995,000 ($748,750/Unit) 3.88% Cap Rate New York, NY 10031
Investment Highlights
- All free market
- 2nd floor- 1 bedroom - paying $2,360- (Lease Expiring 9/30/26- 800 SF
- 4th floor- 2 bedroom paying $2,775- (Lease Expiring 7/31/26)- 1,050 SF
- 1st floor- 2 Bedroom duplex, with terrace and backyard garden- paying $3,650- (Lease Expiring 1/31/26)- 1,300 SF
- 3rd floor- 2 bedroom- paying $3,100- (Lease Expiring 12/31/25)- 1,050 SF
Executive Summary
The Building is comprised of 4 apartments, all entirely renovated in 2007 and 2008. Moving Condition with high ceilings through-out. Apartment 1 is a fabulous duplex, with 2 bedrooms, a wonderful outdoor terrace, great living space and access to a serene green garden.
Apartment 2 is a 1 bedroom, with many original details including a spectacular fireplace and its mantle.
Apartments 3 and 4 are both floor thru 2 bedrooms with details.
Charming, historic and unique land-marked Harlem Townhouse located in the heart of Hamilton Heights: This fantastic home is located 1 block from City College, on the same block as the Alexander Hamilton House Museum and near the Riverside Parks. Wonderful restaurants dot this vibrant neighborhood and transportation is a breeze, with the A,B,C,D and the 1 trains very close. The nearby buses are the M 100, M 101 and M 5.
Apartment 2 is a 1 bedroom, with many original details including a spectacular fireplace and its mantle.
Apartments 3 and 4 are both floor thru 2 bedrooms with details.
Charming, historic and unique land-marked Harlem Townhouse located in the heart of Hamilton Heights: This fantastic home is located 1 block from City College, on the same block as the Alexander Hamilton House Museum and near the Riverside Parks. Wonderful restaurants dot this vibrant neighborhood and transportation is a breeze, with the A,B,C,D and the 1 trains very close. The nearby buses are the M 100, M 101 and M 5.
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
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
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 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,995,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $748,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 3.88% | Building Size | 4,590 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2008 |
| Property Subtype | Apartment | ||
| Zoning | R6A - R6 - Medium density residential district | ||
| Price | $2,995,000 |
| Price Per Unit | $748,750 |
| Sale Type | Investment |
| Cap Rate | 3.88% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,590 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1920/2008 |
| Zoning | R6A - R6 - Medium density residential district |
Amenities
Unit Amenities
- Eat-in Kitchen
- Kitchen
- Tub/Shower
Site Amenities
- Laundry Facilities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 3 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 2058-0104 | Improvements Assessment | $53,772 |
| Land Assessment | $94,724 | Total Assessment | $148,496 |
Property Taxes
Parcel Number
2058-0104
Land Assessment
$94,724
Improvements Assessment
$53,772
Total Assessment
$148,496
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Presented by
Jayem Management
469 W 141st St
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