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(East Harlem)

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This 25-foot wide, 5-story, 11-unit walk-up residential building is located near Mt. Sinai Hospital. The property has tremendous upside potential. The current owner is retiring outside of the country, and this is your opportunity to purchase this extremely well maintained property. The building has been recently brick pointed and improvements include a new interior as well as intercom system and new mechanicals. Apartments have also been renovated. The property offers a great return to the wise investor. Price: $2,200,000 Cap Rate 7.0% Property Type: Multi-Family Pre-War 1925 East Harlem Block / Lot 1627/41 9 x 2 BR’s + 2 x 1 BR’s TOTAL 11 Family Apartments Lot Size: 25’ x 100.92’ Built: 25’ x 65’ Zoning: R7-A

Ryan Sherman
Email Agent

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Listing ID: 30530TH
Type: Townhouse
Price: $2,200,000

Rooms: 0
Bedrooms: 0
Baths: 0

Block: 1627
Lot: 41

Building Age:
Building Type: Rental Property

139 East 61st Street, Suite 2-W. New York, NY 10065
Voice: 212.255.5200 Fax: 646.871.0597 Email: inquiry@tmrp.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All square footage and dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.