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547-559 W 181st St
New York, NY 10033
Multifamily Property For Sale
·
31 Units
Investment Highlights
- Corner mixed-use building at Audubon Avenue and West 181st Street.
- Elevator-served six-story property built in 1920.
- Retail frontage along a major Washington Heights commercial corridor.
- Features 31 apartments, 8 commercial units, and a rooftop cell site.
- Located steps from Yeshiva University and the 181st Street subway station.
Executive Summary
326 Audubon Avenue presents the opportunity to acquire a six-story elevator-served mixed-use asset located on the northeast corner of Audubon Avenue and West 181st Street in Washington Heights. The property contains 31 residential apartments, eight commercial units, and an income-producing rooftop cell tower installation, creating diversified revenue streams within a single asset.
Property Facts
| Price Per Unit | $406,452 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.60% | Building Size | 34,385 SF |
| No. Units | 31 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | C4-4, New York, (D7) - C4-4, New York, (D7) | ||
| Price Per Unit | $406,452 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 34,385 SF |
| No. Stories | 6 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | C4-4, New York, (D7) - C4-4, New York, (D7) |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 31 | - | - |
Property Taxes
| Parcel Number | 2154-0021 | Improvements Assessment | $1,079,910 |
| Land Assessment | $168,750 | Total Assessment | $1,248,660 |
Property Taxes
Parcel Number
2154-0021
Land Assessment
$168,750
Improvements Assessment
$1,079,910
Total Assessment
$1,248,660
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