627 W 142nd St - Apartments FOR SALE


New York, NY 10031- Hamilton Heights
$1,350,000 USD
929-434-8216
627 W 142nd St, New York, NY for Sale
$1,350,000 USD
Apartments - FOR SALE
1/38
null | 9.85% Cap Rate

627 W 142nd St
New York, NY 10031
Hamilton Heights


HIGHLIGHTS

  • Property in close proximity to Columbia University Main Campus and City College of New York
  • Convenient to Riverbank State Park and Harlem Public
  • Close to many bars, restaurants, food stores, and bakeries

OVERVIEW

The property is a three-story, residential non-elevator building located on the west side of Hamilton Heights between Riverside Drive and Broadway on West 142nd Street within Northern Manhattan. Properties like 627 West 142nd Street rarely trade, and this offering represents a fantastic opportunity for an investor to enter or expand into the New York City marketplace. On any day, turn the corner for a morning walk down picturesque Convent Avenue. You will find its quiet, tree-lined streets alive with students and professors making their way to the campus, with its magnificent entrance.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$450 USD /SF

# OF UNITS

8

PRICE/UNIT

$168,750

CAP RATE

9.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

R8, Manhattan(C5)

APN/PARCEL ID

2089-0118

ASK ABOUT THIS PROPERTY

Lewis TseExpansion Central Development, LLCMore Info
929-434-8216

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Lewis TseExpansion Central Development, LLCMore Info
929-434-8216

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