24 & 28 West 125th Street 2 Multifamily Properties in New York, NY

24 & 28 West 125th Street are two contiguous 5-story, mixed-use properties featuring 33 free market, 7 rent-stabilized, and 4 ground-floor retail units. The residential unit breakdown includes 16 two-bedroom, 16 one-bedroom, and 8 studio units. Located on the busiest retail corridor in Harlem, 24 & 28 West 125th Street boast nearly 88 feet of frontage. The 4 ground-floor retail units benefit from this corridor with heavy foot traffic, and each lease has significant term remaining. The majority of the fair market units have undergone significant renovations in recent years, and all units are separately metered for gas and electric. Additional tenant amenities include 2 laundry rooms fitted with a washer/dryer and a finished roof deck. This opportunity to purchase two, contiguous 44' wide mixed-use buildings with stable cash flow is extremely rare given the buildings' prime location along the 125th Street retail corridor in the heart of Harlem.