549 Isham St - Apartments FOR SALE


New York, NY 10034- Inwood
$11,000,000 USD
212-658-0979
549 Isham St, New York, NY for Sale
$11,000,000 USD
Apartments - FOR SALE
1/7
null | 7.34% Cap Rate

549 Isham St
New York, NY 10034
Inwood


HIGHLIGHTS

  • Highly visible corner property

OVERVIEW

INVESTMENT HIGHLIGHTS 74% Free-Market Dominance: Escape theconstraints of rent regulation with a portfolio heavily weighted toward market-rate units and uncapped growth Legacy Pride of Ownership: A rare, well-cared-for asset with a clean track record and decades of consistent management Quantifiable Upside: Below-market FM rents offer path to increased NOI Prime Upper Manhattan Connectivity: Located just steps from major subway lines, offering a seamless commute and a vibrant, "live-work-play" neighborhood atmosphere

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$304 USD /SF

# OF UNITS

50

PRICE/UNIT

$220,000

CAP RATE

7.34%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R7-2, Bronx, (C1)

APN/PARCEL ID

2228-0014

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.