Listed by Alpha Realty NY
$4,450,000
110 West 123rd St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,786
Cap Rate 6.00%
Price per SqFt $571
Year Built 2022
Buildings 6
Stories 6
Zoning R7-2
Multifamily | 6.00% CAP
Investment highlights
- Boutique Rental Building: A 6-story condominium-style building offering large floor-through apartments.
- Triple Exposure: Apartments feature northern, western, and southern exposures providing ample natural light and stunning views.
- Spacious Layouts: Spacious 2-bedroom, 2-bathroom apartments with high-end condominium finishes, featuring wide-plank white oak floors, high ceilings, and abundant natural light throughout.
- Owner-Occupier Opportunity: First floor unit ideal for an owner-occupier on a tree-lined condo block with immediate rental cash flow from luxury units above.
- Building Amenities: Gorgeous roof-top outdoor space, unit balconies, bike room, and is adjacent to the West 123rd Street Community Park.
- Prime Location: Just steps from the 125th Street express trains, Harlem's historic architecture, vibrant dining, and cultural landmarks like the Apollo Theater and Marcus Garvey Park.
- Protected tax class 2A with 35-year 421a tax abatement.
Listing Contacts
Listed by Alpha Realty NY
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