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518 Fort Washington Ave
New York, NY 10033
Multifamily Property For Sale
·
48 Units
Investment Highlights
- Prime Washington Heights location steps from Bennett Park.
- Seven deregulated units offering value-add upside.
- Attractive 8.0% cap rate and $100K per unit pricing.
- 48-unit elevator building with balanced unit mix.
- Strong transit access via A train and major bus lines.
Property Facts
| No. Units | 48 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 41,552 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | R7-2 - Medium density residential | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 41,552 SF |
| No. Stories | 6 |
| Year Built | 1925 |
| Zoning | R7-2 - Medium density residential |
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 | 6 | - | - |
Property Taxes
| Parcel Number | 2180-0025 | Improvements Assessment | $1,093,410 |
| Land Assessment | $198,000 | Total Assessment | $1,291,410 |
Property Taxes
Parcel Number
2180-0025
Land Assessment
$198,000
Improvements Assessment
$1,093,410
Total Assessment
$1,291,410
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