308 E 109th St - Apartments FOR SALE


New York, NY 10029- East Harlem
$10,250,000 USD
212-658-0979
308 E 109th St, New York, NY for Sale
$10,250,000 USD
Apartments - FOR SALE
1/5
null | 7.7% Cap Rate

308 E 109th St
New York, NY 10029
East Harlem


HIGHLIGHTS

  • Near Central Park

OVERVIEW

Luxury Units: 20 apartments, 700-1,300 sqft, with oversized windows and panoramic views • Luxury Features: King-size bedrooms, Juliet balconies, modern kitchens, high-end finishes • Upscale Amenities: Gym, virtual doorman, roof deck, lounge, bike room, private storage • Value-Add Opportunity: Current average rents at $59/sqft, with potential for upside in rents • Prime Location: Nearby parks, restaurants, cultural attractions, easy access to shopping and entertainment • Excellent Transportation: Grand Central 20 minutes away, proposed 2nd Avenue subway stop nearby ( trains)

FOR SALE DETAILS

PRICE

$10,250,000 USD

PRICE/SF

$626 USD /SF

# OF UNITS

21

PRICE/UNIT

$488,095

CAP RATE

7.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2013

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,660 SF

ZONING

R7A

APN/PARCEL ID

1680-0148

ASK ABOUT THIS PROPERTY

Lev MavashevAlpha RealtyMore Info
212-658-0979

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Lev MavashevAlpha RealtyMore Info
212-658-0979

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