552 W 148th St - Apartments FOR SALE


New York, NY 10031- Hamilton Heights
$1,300,000 USD
212-596-7570
552 W 148th St, New York, NY for Sale
$1,300,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

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


HIGHLIGHTS

  • Vacant value add opportunity within a vacant walkup townhouse in Hamilton Heights
  • 1 or 2-Family or Condo Conversion Potential
  • Located a few blocks from the 145th St Station

OVERVIEW

Invictus Property Advisors has been retained on an exclusive basis for the sale of a vacant townhouse in need of a full gut renovation located on 148th Street in Hamilton Heights, Manhattan. The building is currently an SRO, but current ownership has an active Certificate of No Harassment (CNH). Ownership previously had plans approved for a two-family with a fifth story pop-up addition. A future investor will benefit from the property being in protected tax class 2A, which limits tax increases yearly and over a 5-year period. The building is conveniently located a few blocks away from the 1 line at the 145th Street Station.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$368 USD /SF

# OF UNITS

11

PRICE/UNIT

$118,182

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

552 West 148th Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6A

APN/PARCEL ID

2079-0054

ASK ABOUT THIS PROPERTY

Andrew LevineInvictus Property AdvisorsMore Info
212-596-7570

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Andrew LevineInvictus Property AdvisorsMore Info
212-596-7570

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