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- LoopNet Team
524 E 119th St
New York, NY 10035
Multifamily Property For Sale
·
35 Units
Investment Highlights
- Quick access to lower Manhattan and the outer boroughs is provided by the 6 train subway station situated just a few blocks away
- Access to the greater metropolitan area is provided by the Metro-North railroad station on East 125th Street and Park Avenue
Property Facts
| No. Units | 35 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 21,100 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1906 |
| Building Class | C | ||
| Zoning | R7B/ C4-4 - Medium-density apartment house district with lower parking requirements | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 21,100 SF |
| No. Stories | 6 |
| Year Built | 1906 |
| Zoning | R7B/ C4-4 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
About 524 E 119TH ST , NEW YORK, NY 10035
524 East 119th Street is conveniently located directly next door to the East River Plaza, anchored by outlet tenants such as Costco, Target, and Burlington Coat Factory. The subject property is also in close proximity to several major recent developments such as the historic Corn Exchange Building on East 116th Street and the 140,000 SF state-of-the-art New York Proton Center on East 126th Street.The subject property contains 35 residential units, with a unit mix consisting of 11 one-bedroom, 19 two-bedroom, and 5 three-bedroom apartments. Of the 35 residential units, 33 apartments are rent-stabilized, 1 apartment is of free market status, and 1 apartment has been set aside for the superintendent.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+1 | 19 | - | - |
| 3+1 | 5 | - | - |
Property Taxes
| Parcel Number | 1815-0038 | Improvements Assessment | $1,360,800 |
| Land Assessment | $39,600 | Total Assessment | $1,400,400 |
Property Taxes
