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511 W 151st St
New York, NY 10031
Multifamily Property For Sale
·
31 Units
Investment Highlights
- Located in Hamilton Heights, steps from 1 and C subway lines
- $110K+ in recent capital improvements
- R7A zoning with 3,102 SF of unused air rights
- 31-unit walk-up with 7 gut-renovated apartments
- 7.13% cap rate with strong historical collections
- Desirable unit mix of 1BR, 2BR, and 3BR apartments
Property Facts
| No. Units | 31 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 26,630 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | R7-2 | ||
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 26,630 SF |
| No. Stories | 5 |
| Year Built | 1900 |
| Zoning | R7-2 |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | 730 |
Property Taxes
| Parcel Number | 2083-0026 | Improvements Assessment | $804,960 |
| Land Assessment | $40,050 | Total Assessment | $845,010 |
Property Taxes
Parcel Number
2083-0026
Land Assessment
$40,050
Improvements Assessment
$804,960
Total Assessment
$845,010
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