546 W 165th St | New York, NY 10032
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- LoopNet Team
546 W 165th St
New York, NY 10032
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Over 8000 square feet ready for renovation, poised to deliver a double-figure CAP rate in a prime location adjacent to a major medical center
- Alternatively, condo sellout of the renovated property is projected to gross approximately $6,750,000.
- Following renovation the property is poised to deliver a CAP rate of 10.91% to institutional or private rental tenants.
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 8,125 SF |
| Property Subtype | Apartment | Average Occupancy | 50% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built | 1910 |
| Zoning | R7-2 - Commercial district predominantly residential in character | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 8,125 SF |
| Average Occupancy | 50% |
| No. Stories | 5 |
| Year Built | 1910 |
| Zoning | R7-2 - Commercial district predominantly residential in character |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 5 | $5,625 | 1,500 |
PROPERTY TAXES
| Parcel Number | 2122-0082 | Improvements Assessment | $39,923 |
| Land Assessment | $115,062 | Total Assessment | $154,985 |
PROPERTY TAXES
Parcel Number
2122-0082
Land Assessment
$115,062
Improvements Assessment
$39,923
Total Assessment
$154,985
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