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

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