539 W 148th St - Apartments FOR SALE


New York, NY 10031- Hamilton Heights
$995,000 USD
914-584-7422
539 W 148th St, New York, NY for Sale
$995,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

539 W 148th St
New York, NY 10031
Hamilton Heights


HIGHLIGHTS

  • Partial Vacancy: 50% of the units will be delivered vacant at closing
  • Owner-User Potential: Vacancies present opportunity for an owner user to either occupy a portion of the building or pursue a single family home conver
  • Substantial Air Rights: The tax lot measures 25’ x 100’ in R6A zoning, allowing for expansion or disposition of additional 4,082 BSF of development ri
  • Architecturally Significant Block: The property sits on a desirable residential block surrounded by brownstone townhomes
  • Tax Protected: Classified tax class 2A, limiting real estate tax increases to a max of 8% per year or 30% over five years

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$292 USD /SF

# OF UNITS

6

PRICE/UNIT

$165,833

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manhattan Brownstone Live +Income | Under $1M

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R6A

APN/PARCEL ID

2080-0014

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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