231 W 137th St - Apartments FOR SALE


New York, NY 10030- Striver's Row
$1,750,000 USD
914-424-2314
231 W 137th St, New York, NY for Sale
$1,750,000 USD
Apartments - FOR SALE
1/9
null | 7.82% Cap Rate

231 W 137th St
New York, NY 10030
Striver's Row


OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to arrange for the sale of 231 West 137th Street, a 4,320 SF, Free Market, 5-Unit walk-up apartment building. The subject property is comprised of one (1) 3-Bedroom duplex apartment, one (1) 2-Bedroom apartment, three (3) studio apartments, and a parking space in the rear. The duplex and one studio apartment are currently vacant. The remaining 3 apartments are on M-M leases. It is ideally on the north side of 137th Street between Adam Clayton Powell Jr. & Frederick Douglass Boulevards, abutting the coveted Strivers Row. It is in proximity to CUNY Advanced Science Research Center, The Bernard & Anne Spitzer School of Architecture, and Columbia University Studebaker building. It is a short walk from the B, C Subway Station at 135th Street/St. Nicholas Avenue and the 2, 3 Subway Station on 135th Street/Lenox Avenue.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$526 USD /SF

# OF UNITS

5

PRICE/UNIT

$350,000

CAP RATE

7.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,782 SF

ZONING

R7-2

APN/PARCEL ID

2023-0017

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 Notice.