Listed by JA Cohen Advisory Group LLC
$3,750,000
334 East 106th Street
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 5,092
Units 7
Cap Rate 6.10%
NOI $229,098
Occupancy 100%
Tenancy Multi
Price per SqFt $736
Year Built 1920
Stories 4
Lot Size (SqFt) 2,523
Zoning R7A
Investment Type Stabilized
Multifamily | 6.10% CAP | 7 Units
Marketing description
This fully occupied property presents a compelling investment opportunity in the heart of East Harlem, combining stable in-place income with significant long-term upside. Benefiting from strong residential and commercial demand, continued neighborhood revitalization, and excellent transportation connectivity, the asset is well-positioned for sustained occupancy and future rental growth. Investors are offered the advantage of immediate cash flow today while capitalizing on the potential for increased revenue and appreciation over time. A rare Manhattan acquisition that delivers both security and scalable value-add potential.
Listing Contacts
Listed by JA Cohen Advisory Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$229,098.00
$19,091.50/mo
Valuation Metrics
0
DSCR
6.11%
Cap Rate
6.11%
ROI
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