550 W 174th St - Apartments FOR SALE


New York, NY 10033- Washington Heights
$4,500,000 USD
516-754-8298
550 W 174th St, New York, NY for Sale
$4,500,000 USD
Apartments - FOR SALE
1/5
null | 7.54% Cap Rate

550 W 174th St
New York, NY 10033
Washington Heights


HIGHLIGHTS

  • he favorable R7-2 zoning with a C1-4 commercial overlay allows for residential and local retail development, enabling flexibility
  • Fully Occupied
  • 550-552 West 174th Street is ideally located in the heart of Washington Heights, allowing developers to benefit from the neighborhood’s strong anchors
  • Located just minutes from New York-Presbyterian Hospital and Columbia University Medical Center

OVERVIEW

PRIME CORNER INVESTMENT PROPERTY! 45 RESIDENTIAL UNITS / 4 PERFORMING RETAIL UNITS. SUPER CLEAN & VERY WELL MAINTAINED, HANDOME FACADE. STABILIZED INCOME. MOTIVATED SELLER.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$123 USD /SF

# OF UNITS

49

PRICE/UNIT

$91,837

CAP RATE

7.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

550-552 West 174th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,000 SF

ZONING

R7-2

APN/PARCEL ID

2130-0017

ASK ABOUT THIS PROPERTY

Tom BradyBKREAMore Info
516-754-8298

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Tom BradyBKREAMore Info
516-754-8298

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