201-410-5243
174 W 137th St, New York, NY for Sale
Apartments - FOR SALE
1/8
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174 W 137th St
New York, NY 10030
Striver's Row


HIGHLIGHTS

  • 85% of the units are free-market, providing investors with the flexibility to raise rents without regulatory limitations.
  • The investment will trade around a 30% discount to its replacement cost which is also below its $7,450,000 loan basis.
  • Potential future rent law reform could substantially enhance the investment’s value by enabling greater rent growth and repositioning opportunities.
  • The investment offers convenient access to the 2/3, A/C, and B subway lines, providing tenants with affordable and efficient transportation options th
  • Ideally situated between Malcolm X Boulevard and Adam Clayton Powell Jr. Boulevard, the investment benefits from walkable retail corridors featuring a

FOR SALE DETAILS

PRICE

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# OF UNITS

21

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

21-Unit Multifamily Value-Add Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,957 SF

ZONING

R72

APN/PARCEL ID

1921-0055

ASK ABOUT THIS PROPERTY

Matthew MastrocolaColliersMore Info
201-410-5243

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Matthew MastrocolaColliersMore Info
201-410-5243

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