This Multifamily Property is no longer advertised on LoopNet.com.

509 W 150th St
New York, NY 10031
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.03 AC
Building Size 3,564 SF
Average Occupancy 50%
No. Stories 4
Year Built 1910
Zoning R7-2, New York, (C2)

Amenities

Unit Amenities

  • Basement
  • Garden
  • Patio

About 509 W 150TH ST , NEW YORK, NY 10031

Joe Cruz & Jimmy Brett of COMPASS have been retained on an exclusive basis to arrange for the sale of 509 W 150th Street. The subject property is a 15' x 61' brownstone, a 4-story walk-up. The building square footage is 3,564. Located on a beautiful tree-lined block on West 150th Street between Amsterdam Avenue and Broadway in the Sugar Hill / Hamilton Heights section of Harlem. Currently configured as a legal four-family dwelling, there's no end to the possibilities for this desired investment opportunity on a 15-foot by 93-foot Lot, this property is conveyed with 929 square feet of air rights available. Bring your architect / contractor and create a profitable investment opportunity as a rental building or condo conversion. All Units are currently set up as 2 bedroom apartments. Actual Rent Roll: Unit 1 – $2,000 (Lease Expires January 2019) Unit 2 – Vacant (Needs Gut Renovation) Unit 3 – $1,600 (No Lease/Month to Month) Unit 4 – $200 (Rent Controlled Tenant) Yearly Expenses: ( Estimated ) Taxes: $10,400 Water/ Sewer = $ 2,000 Insurance = $2500 Fuel = $5000 Electric = $ 1000 Super = $3000

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -

Property Taxes

Property Taxes

Parcel Number
2082-0124
Land Assessment
$55,370
Improvements Assessment
$74,994
Total Assessment
$130,364
  • Listing ID: 12770231

  • Date on Market: 6/6/2018

  • Last Updated:

  • Address: 509 W 150th St, New York, NY 10031

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}