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87 1st Ave 16 Unit Apartment Building $8,248,000 ($515,500/Unit) New York, NY 10003
Investment Highlights
- Close to shopping
- Few Minutes to the F train
Executive Summary
Great locating on 1st Avenue Manhattan. 1 Store with 16 Apartments, 12 Apartments with 1 Bedroom and 4 Apartments with 2 Bedrooms, 15 Apartments stabilized only 1 apartment with rent control, 4 vacant apartments also the store will deliver vacant at closing. Well maintained building with Newer Roof. Call for a private showing today.
Property Facts
| Price | $8,248,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $515,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 16 | Building Size | 11,850 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements | ||
| Price | $8,248,000 |
| Price Per Unit | $515,500 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 11,850 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | R7-2 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 630 |
1 1
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | 0447-0033 | Improvements Assessment | $492,300 |
| Land Assessment | $163,800 | Total Assessment | $656,100 |
Property Taxes
Parcel Number
0447-0033
Land Assessment
$163,800
Improvements Assessment
$492,300
Total Assessment
$656,100
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87 1st Ave
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