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29879845
29879846

91 W 119th St, New York, NY 10026

AB
NY 10311210512, NJ 2293263
Wingate Advisors
Listed by Wingate Advisors
$2,200,000
103 days on market
Updated 1 day ago

91 W 119th St

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,620
Cap Rate 6.91%
NOI $152,000
Price per SqFt $476
Stories 4

Multifamily | 6.91% CAP

Marketing description

91 West 119th Street | Harlem | Manhattan

8-Unit Value-Add Multifamily with Expansion Potential

Wingate Advisors is pleased to present 91 West 119th Street, an 8-unit multifamily building located in the highly desirable Mount Morris Park Historic District in Central Harlem.

This classic 1909 masonry building offers investors immediate value-add potential combined with meaningful development upside in one of Manhattan’s strongest rental submarkets.


Property Highlights

  • 8 Residential Units

  • 4,620 SF Existing Building

  • Lot Size: 1,817 SF (18’ x 100.92’)

  • Zoning: R7-2 / C1-4

  • Current FAR: 2.54

  • Residential FAR: 3.44

  • ±1,635 SF Additional Buildable Area (Subject to Approvals)

  • Built: 1909

  • Tax Class: 2B

  • Annual Real Estate Taxes: Approx. $7,571


Investment Summary

91 West 119th Street presents a rare opportunity to acquire a classic Harlem asset that is currently underbuilt, offering approximately 1,635 square feet of additional development potential.

The property benefits from:

  • Strong rental demand in Central Harlem

  • Historic district charm and architectural appeal

  • Proximity to Fifth Avenue and Marcus Garvey Park

  • Long-term neighborhood appreciation trends

  • Attractive basis relative to other Manhattan submarkets

Ideal for investors seeking renovation upside, expansion potential, and long-term appreciation.


Offering Details

Financials and additional due diligence materials are available upon request.

For more information or to schedule a tour, please contact:

Ariel Ben Ezra
Wingate Advisors
(646) 982-5856

Listing Contacts

AB
NY 10311210512, NJ 2293263
Wingate Advisors
Listed by Wingate Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$152,000.00
$12,666.67/mo

Valuation Metrics

0
DSCR
6.91%
Cap Rate
6.91%
ROI

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Additional Information

Name
Ariel Ben Ezra
License
10311210512
Brokerage
wingate advisors
Brokerage Address
535 5th Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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