UPDATED:
12/05/2024 08:09 PM
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $5,000
Subdivision Washington Heights
MLS Listing ID COMP-1672585918076219833
Bedrooms 14
HOA Fees $3,035/mo
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $20,316
Property Description
Property Details:
Units: 15 total (14 free-market residential units and 1 commercial retail unit)
8 Studios
6 One-Bedroom Apartments
Size: Approximately 12,362 gross square feet
Features:
Keyless entry and remote video intercom
Common bike storage
Boutique fitness room
Landscaped backyard
Oversized casement windows
Rich white oak hardwood floors
High ceilings
Independent climate control
Designer kitchens with Bertazzoni electric ranges, stainless steel appliances, and stone countertops
In-unit washer-dryers
Investment Highlights:
Lease Status: 100% leased
Rent: In-place rents average $60 per square foot .
Location: Walking distance to The Met Cloisters, United Palace concert hall, Morris-Jumel Mansion, and Hispanic Society Museum & Library. The area features ample parks and green space, offering a serene residential environment with excellent public transportation options.
Investment Potential:
This property presents a unique opportunity for investors seeking a newly constructed, fully leased, free-market asset in a desirable location. With its modern amenities and attractive rent basis, it caters to a diverse tenant pool, including young professionals seeking convenience and charm.
Washington Heights is characterized by its blend of historic charm and modern living, surrounded by fitness centers, parks, shopping, dining, and essential services such as hospitals and schools.
For additional information or to arrange a viewing, please contact us.
Location
State NY
County Newyork
Interior
Interior Features High Ceilings
Heating Electric, Wall Furnace
Cooling Wall Unit(s)
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry Laundry Room, See Remarks
Exterior
Exterior Feature Courtyard
Private Pool No
Building
Dwelling Type Multi Family,Mixed Use
Story 1
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $4, 728
Pets Allowed Building No, Cats OK, Dogs OK
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716