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550-552 West 174th Street 550 W 174th St 49 Unit Apartment Building $4,490,000 ($91,633/Unit) 7.56% Cap Rate New York, NY 10033
Investment Highlights
- he favorable R7-2 zoning with a C1-4 commercial overlay allows for residential and local retail development, enabling flexibility
- 550-552 West 174th Street is ideally located in the heart of Washington Heights, allowing developers to benefit from the neighborhood’s strong anchors
- Fully Occupied
- Located just minutes from New York-Presbyterian Hospital and Columbia University Medical Center
Executive Summary
PRIME CORNER INVESTMENT PROPERTY!
45 RESIDENTIAL UNITS / 4 PERFORMING RETAIL UNITS. SUPER CLEAN & VERY WELL MAINTAINED, HANDOME FACADE. STABILIZED INCOME. MOTIVATED SELLER.
45 RESIDENTIAL UNITS / 4 PERFORMING RETAIL UNITS. SUPER CLEAN & VERY WELL MAINTAINED, HANDOME FACADE. STABILIZED INCOME. MOTIVATED SELLER.
Property Facts
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 21 | - | - |
| 3+1 | 18 | - | - |
| 4+1 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 2130-0017 | Improvements Assessment | $922,500 |
| Land Assessment | $185,850 | Total Assessment | $1,108,350 |
Property Taxes
Parcel Number
2130-0017
Land Assessment
$185,850
Improvements Assessment
$922,500
Total Assessment
$1,108,350
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550-552 West 174th Street | 550 W 174th St
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