Great News for Investors !


Property

Website:https://www.nestseekers.com/5591596
Address:
New York, NY 10033
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$2,300,000
Annual Taxes:$85,978

Description

Great News for Investors! Take advantage of this exceptional opportunity to own a well-priced income-producing property in Washington Heights. 505 West 183rd Street is a 30-unit, 6-story walk-up apartment building offering approximately 21,744 square feet of interior space on a 6,368-square-foot lot. The property is being offered at $2.3 million. Also available is 509 West 183rd Street, a neighboring building of similar size and configuration, also offered at $2.3 million. This presents a rare opportunity for investors to acquire both properties as a package and significantly expand their portfolio in one of Manhattan's most established residential neighborhoods. The buildings are conveniently located near Highbridge Park, just off the Washington Bridge, and within close proximity to the 181st Street Station, providing excellent transportation access throughout the city. Opportunities to acquire two neighboring multifamily assets at this price point are increasingly rare.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of MYNY Residential