2000-2002 3rd Ave - Apartments FOR SALE


New York, NY 10029- East Harlem
$4,500,000 USD
914-424-2314
2000-2002 3rd Ave, New York, NY for Sale
$4,500,000 USD
Apartments - FOR SALE
1/5
null | 5.45% Cap Rate

2000-2002 3rd Ave
New York, NY 10029
East Harlem


OVERVIEW

Investment Property Realty Group (IPRG) has been retained on an exclusive basis to arrange for the sale of 2002 3rd Avenue, a 4-Story, 12,800 SF, 23-unit walk-up apartment building. The subject property is comprised of 20 apartments, fourteen (14) 1-Bedrooms, six (6) studios, and 3 retail stores. 2 of the apartments are currently vacant, one has been owner occupied for 30+ years. Upgrades to the property include 2 new boilers and hot water heater. It is ideally located on the southwest corner of 3rd Avenue and 110th Street, 1 block away from the 6-subway station on Lexington Avenue. It is surrounded by numerous new developments, with ~370 residential units currently being built in a 1 block radius.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$324 USD /SF

# OF UNITS

20

PRICE/UNIT

$225,000

CAP RATE

5.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,894 SF

ZONING

R8A

APN/PARCEL ID

1637-0040

ASK ABOUT THIS PROPERTY

Robert RappaInvestment Property Realty GroupMore Info
914-424-2314

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Robert RappaInvestment Property Realty GroupMore Info
914-424-2314

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.