HP Plaza Portfolio Multi-Family FOR SALE


New York, NY - Central Harlem
$21,000,000 USD
516-317-3314
, New York, NY for Sale
$21,000,000 USD
Multi-Family - FOR SALE
1/8
null | 9.84% Cap Rate

HP Plaza Portfolio
New York, NY
Central Harlem


OVERVIEW

120 Units Across 9 buildings located within a two block radius Long-term assumable debt of over $16M in place until 2050/2051 at low interest rates Article XI regulatory agreement with 60% and 165% AMI income restrictions 420-C tax exemption alleviates tax burden until 2051 9.84% Cash on Cash Return in Year 1 Nearby to Jackie Robinson park, cultural institutions and neighborhood eateries and shops

ASK ABOUT THIS PROPERTY

Sam SchertzAriel Property AdvisorsMore Info
516-317-3314

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

Sam SchertzAriel Property AdvisorsMore Info
516-317-3314

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