Conway Property Advisors
Listed by Conway Property Advisors
$2,100,000
1153 Boston Road, Morrisania
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,835
Cap Rate 5.04%
NOI $105,828
Occupancy 100%
Pro-Forma Cap Rate 5.09%
Pro-Forma NOI $106,872
Price per SqFt $164
Buildings 1
Investment Type Stabilized
Multifamily | 5.04% CAP
Marketing description
16 Unit apartment building with basement unit.
Recently renovated and brought to code due to fire.
Investment highlights
$2,100,000 asking price.
7.9x GRM.
$164 PPSF.
$131,250 PPU
Listing Contacts
Conway Property Advisors
Listed by Conway Property Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,828.00
$8,819.00/mo
Valuation Metrics
0
DSCR
5.04%
Cap Rate
5.04%
ROI
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