311 W 139th St - Apartments FOR SALE
New York, NY 10030 |
311 W 139th St
New York, NY 10030
HIGHLIGHTS
- 100% occupied providing stable cash-flow
- 9-out-of-11 studio units (82%) are averaging $1,967/month (FHEPS Program)
- Recent renovations of ~$500,000 include new roof, new boiler, new floors & appliances
- Well-maintained property requiring minimal near-term capital and low maintenance costs. Minimal violations.
- Tax Class 2B preserves a low and stable expense ratio, as well as capping increases in assessed values
- Quiet tree-lined street located 1-block from St. Nicholas Park
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
3400
STORIES
3
YEAR BUILT
1899
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
2042-0108
