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518 E 83rd St 20 Unit Apartment Building $8,000,000 ($400,000/Unit) 6.60% Cap Rate New York, NY 10028
Executive Summary
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Property Facts
| Price | $8,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $400,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6.60% | Building Size | 11,120 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R8B | ||
| Price | $8,000,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 11,120 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1910 |
| Zoning | R8B |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 18 | - | 400 - 425 |
| 2+2 | 1 | - | 1,000 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1579-0041 | Improvements Assessment | $739,530 |
| Land Assessment | $153,900 | Total Assessment | $893,430 |
Property Taxes
Parcel Number
1579-0041
Land Assessment
$153,900
Improvements Assessment
$739,530
Total Assessment
$893,430
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