Renovated 8 Unit Multifamily Building

561 West 161st Street, Manhattan, New York, 10032
$1,750,000

Description

ERG Commercial Real Estate has been retained to arrange the sale of 561 West 161st Street, New York, NY, an (8) unit, four story, residential building in Washington Heights neighborhood of Manhattan. The building contains (7) one bedroom apartments and (1) studio apartment, fully registered. Current ownership has replaced or upgraded the following within the last five years; apartments, roof, façade, foyer entry area including mailboxes and front entry security doors, gas furnace, water heater, and electric and gas meters. Nearby transportation includes the A, C train at 163rd Street station and the 1 train at the 157th Street station.

Property Documents

Detail

  • Price: $1,750,000
  • Building Size: 4864 SF
  • Lot Size: 1742 SF
  • Year Built: 1920
  • Property Type: Multi-Family
  • Property Status: For Sale
  • Property Tax Amount: $10,390
  • Block: 2120
  • Lot: 60
  • Zoning: R7-2
  • Residential Units: 8
  • Annual Income: $146,484
  • Total Expenses: $33,167
  • NOI: $113,629
  • Address: West 161st Street
  • City: Manhattan
  • Zip/Postal Code: 10032
  • Neighborhood: Washington Heights
  • Country: United States

Similar Properties

$1,249,000

Multi-Family Investment Property Asking 7.05% Cap

2877, West 20th Street, Coney Island, Brooklyn, New York, 11224, USA
SF: 3000

Multi-Family

Ryan Lewis

5 years ago

$1,249,000
SF: 3000

Multi-Family

Ryan Lewis

5 years ago

$2,100,000

SOLD: Long Island Multifamily Building For Sale

108 Grove Street, Hempstead, New York, 11550
SF: 7200

Multi-Family

Ryan Lewis

4 years ago

$2,100,000
SF: 7200

Multi-Family

Ryan Lewis

4 years ago


PREVIOUS PROPERTY

1 Acre Development Site for Sale

NEXT PROPERTY

For Sale: Mixed Use Brooklyn Portfolio

Individual Listings Disclaimer

All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.