926 Amsterdam Ave - Apartments FOR SALE


New York, NY 10025- Upper West Side
$3,650,000 USD
718-316-7199
926 Amsterdam Ave, New York, NY for Sale
$3,650,000 USD
Apartments - FOR SALE
1/16
null | 7.34% Cap Rate

926 Amsterdam Ave
New York, NY 10025
Upper West Side


HIGHLIGHTS

  • 5 Units FREE MARKET
  • 2 Retail spaces
  • 5 Units rent stabilized
  • Washer & Dryer in 5 units
  • Full basement

OVERVIEW

Amazing opportunity to purchase an investment property consisting of ten units with two retails spaces, in Uptown Manhattan, only five minutes to Columbia University. The property is a five-story walk-up building and features 5 three-bedroom free market units, 5 one-bedroom rent-stabilized units, and two 320 sq ft retail spaces. Additionally, there is a full basement. The building size is 25 x 80 with a lot size of 25 x 100. Zoning is R8A/C2-5, residential FAR is 6.02, available FAR 5,950 sq ft, and approximately 9,105 sq ft of interior space. *Annual gross residential income $331,721 *Annual gross retail income $74.043 *Estimated annual expenses $137,880 *Estimated annual net income $267,884

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$401 USD /SF

# OF UNITS

12

PRICE/UNIT

$304,167

CAP RATE

7.34%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Units and 2 Retail Spaces Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R8

APN/PARCEL ID

1877-0032

ASK ABOUT THIS PROPERTY

Romero PappPapp RealtyMore Info
718-316-7199

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

Romero PappPapp RealtyMore Info
718-316-7199

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