SOLD: 8 Unit Multifamily Newly Renovated Investment Opportunity

75, West 118th Street, East Harlem, Manhattan, New York, 10026
$2,999,000

Description

ERG Commercial Real Estate has been retained on an exclusive basis to arrange for the sale of 75 West 118th Street. Located in the heart of Harlem between Lenox and 5th Avenues. Subject property is eight blocks north of Central Park and 2 blocks from the 2 & 3 subway lines. in 2015 a full gut renovation was completed costing $1,000,000 and included electrical, plumbing and boilers. There are an additional 1,736 SF in air rights.

Property Documents

Detail

  • Price: $2,999,000
  • Building Size: 5200 SF
  • Lot Size: 2018 SF
  • Property Type: Multi-Family
  • Property Status: Sold
  • Property Tax Amount: $19,982
  • Block: 01717
  • Lot: 0008
  • Zoning: R7-2
  • Residential Units: 8
  • Annual Income: 109800
  • Total Expenses: 34582
  • NOI: 75218
  • Address: 75 W 118th Street
  • City: Manhattan
  • State/County: New York
  • Zip/Postal Code: 10026
  • Neighborhood: Harlem
  • Country: United States

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