627 W 142nd St | New York, NY 10031
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- LoopNet Team
627 W 142nd St
New York, NY 10031
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Property in close proximity to Columbia University Main Campus and City College of New York
- Close to many bars, restaurants, food stores, and bakeries
- Attractive 9.85% cap rate and 19.6% IRR
- Convenient to Riverbank State Park and Harlem Public
- Fully rent-stabilized 8-unit building with strong cash flow
Property Facts
| No. Units | 8 | Lot Size | 0.03 AC |
| Property Type | Multifamily | Building Size | 2,250 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1926 |
| Zoning | R6A - High density residential district | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 2,250 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1926 |
| Zoning | R6A - High density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Fireplace
- Heating
- Tile Floors
- Crown Molding
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Views
- Yard
- Basement
- Deck
- Garden
- Handrails
- Skylights
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Walking/Biking Trails
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 350 |
Property Taxes
| Parcel Number | 2089-0118 | Improvements Assessment | $43,985 |
| Land Assessment | $9,125 | Total Assessment | $53,110 |
Property Taxes
Parcel Number
2089-0118
Land Assessment
$9,125
Improvements Assessment
$43,985
Total Assessment
$53,110
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