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166-172 E 118th St
New York, NY 10035 East Harlem

 

Apartments For Sale  •  44,140 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 44,140 Sq Ft
  • Lot Size 0.24 ac
  • Building Class B
  • Year Built 1910
  • Zoning R7-2, New York
100 Transit Score
96 Walk Score

Description

2 Contiguous 6 story Walk Up Bldgs, Total Sq Ft 45,000. 66 Apartments, 5 Retails, Bulding in excellent condition, 55 apartments are stabilized averaging $1169. a month, huge value add opportunity, 26 gut apartments renovated, including wiring and plumbing, hallways, basement back yard.  Each bustling is build 50x88

Highlights

Good Condition
Huge Upside

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $679,932 (2019)
Total Expenses: $434,350

Public Transportation

Commuter RailDriveWalkDistance
Harlem-125th Street Station Commuter Rail (Hudson, Harlem, New Haven Lines) 2 min 10 min 0.5 mi
Yankees-E 153rd Street Station Commuter Rail (Hudson Line) 5 min - 2.7 mi
Transit/SubwayDriveWalkDistance
116 Street (4,6 Line) Transit Stop 2 min 4 min 0.2 mi
125 Street (4,5,6 Line) Transit Stop 2 min 8 min 0.4 mi
110 Street (4,6 Line) Transit Stop 2 min 10 min 0.5 mi
116 Street (2,3 Line) Transit Stop 4 min 13 min 0.6 mi
125 Street (2,3 Line) Transit Stop 3 min 17 min 0.9 mi
AirportDriveWalkDistance
La Guardia Airport 13 min - 6.3 mi
John F. Kennedy International Airport 26 min - 17.4 mi
Newark Liberty International Airport 37 min - 21.2 mi

Parking Details

Parking Available: No
Reserved: Yes
Type: Reserved
Included in Rent: Yes
Giulio Ferrante 212-288-9333 Master Key Realty & Associates LLC
Giulio Ferrante 212-288-9333 Master Key Realty & Associates LLC