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Manhattan Brownstone Live +Income | Under $1M 539 W 148th St 6 Unit Apartment Building $895,000 ($149,167/Unit) New York, NY 10031
Investment Highlights
- Partial Vacancy: 50% of the units will be delivered vacant at closing
- Substantial Air Rights: The tax lot measures 25’ x 100’ in R6A zoning, allowing for expansion or disposition of additional 4,082 BSF of development ri
- Tax Protected: Classified tax class 2A, limiting real estate tax increases to a max of 8% per year or 30% over five years
- Owner-User Potential: Vacancies present opportunity for an owner user to either occupy a portion of the building or pursue a single family home conver
- Architecturally Significant Block: The property sits on a desirable residential block surrounded by brownstone townhomes
Executive Summary
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 2080-0014 | Improvements Assessment | $72,475 |
| Land Assessment | $29,608 | Total Assessment | $102,083 |
Property Taxes
Parcel Number
2080-0014
Land Assessment
$29,608
Improvements Assessment
$72,475
Total Assessment
$102,083
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Contact the Sale Advisor
Manhattan Brownstone Live +Income | Under $1M | 539 W 148th St