NEW ON MARKET - INVESTMENT 319 West 134th Street - Gut-renovated 10+1 units - High CAP rate
| Website: | https://www.nestseekers.com/66382 |
|---|---|
| Address: | 319 West 134th Street New York, NY 10030 |
| Cross street: | St Nicholas |
| Type: | Low-rise |
| Era: | Pre-war |
| Floors: | 5 |
| Ownership: | For Sale |
|---|---|
| Pets: | Pets Unknown |
| Area: | 8900 sq ft |
| Lot Size: | 2500 sq ft |
Financials
| Price: | $4,390,000 |
|---|
Description
Extraordinary deal! 5 CAP rate as is and potential for more in booming Harlem
- This is a 5 floor, 1932 built and recently Gut renovated building of 25x73 on a 25x100 lot. 8900 sf total.
- Max FAR 6.02 , as built 3.56. R8 zoning. C1-4 commercial overlay.
- Set up as follows:
- 9 units - 2 bed/2 bath (apprx. 850 SF each) ||1 unit - duplex 3 bed/3 bath with spiral staircase (apprx. 1350 SF) || 1 super unit (studio) .
- Laundry room
- Net Operating Income - $214,323.25 (email for more details)
- Very low yearly taxes - $4709
- Building is located next to City College and Touro Medical School.
- B and C subway lines are right on the corner 2&3 train and cross town buses at walking distance..
- Whole foods Market will be within walking distance in 2015!
- Set up upon request
Exclusive of Kevin Cargon - NestSeekers International
Amenities
- Laundry Room
- Voice Intercom
- Walk-up
Contact
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1718-707-0200 Fax: +1718-707-0233 |
