5000,000 - Invictus · 315 WEST 121st STREET MANHATTAN, NY 10027 INVICTUS PROPERTY ADVISORS 315....
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REDUCED ASKING PRICE $ 5 , 000 ,000 20 - UNIT CENTRAL HARLEM MULTIFAMILY BUILDING FOR SALE 15 Minutes to Midtown Manhattan via A , B , C & D Subways Lines, 25' of Frontage, Close Proximity to Columbia University INVICTUS PROPERTY ADVISORS 303 Fifth Avenue, #1102, New York, NY 10016 email: info@invictusnyc.com www.invictusnyc.com JOSH LIPTON josh.lipton@invictusnyc.com 212 596 7579 201 364 1809 ANDREW LEVINE andrew.levine@invictusnyc.com 212 596 7570 917 495 0446 Invictus Property Advisors LLC makes no warranty or representation as to the accuracy and completeness of the information contained herein. This information is presented subject to errors, omissions and other conditions which may change without notice. The information contained herein shall be independently evaluated. 315 WEST 121st STREET MANHATTAN, NY 10027 INVICTUS PROPERTY ADVISORS 315
Transcript of 5000,000 - Invictus · 315 WEST 121st STREET MANHATTAN, NY 10027 INVICTUS PROPERTY ADVISORS 315....
REDUCED ASKING PRICE
$5 ,000 ,00020 - UNIT CENTRAL HARLEM MULTIFAMILY BUILDING FOR SALE
15 Minutes to Midtown Manhattan via A, B, C & D
Subways Lines , 25' of Frontage, Close Proximity to
Columbia University
INVICTUS PROPERTY ADVISORS
303 Fifth Avenue, #1102, New York, NY 10016
email: [email protected]
www.invictusnyc.com
JOSH LIPTON
212 596 7579
201 364 1809
ANDREW LEVINE
212 596 7570
917 495 0446
Invictus Property Advisors LLC makes no warranty or representation as to the accuracy and completeness of the information
contained herein. This information is presented subject to errors, omissions and other conditions which may change without notice.
The information contained herein shall be independently evaluated.
315 WEST 121st STREET
MANHATTAN, NY 10027INVICTUSPROPERTY ADVISORS
315
BUILDING FEATURES
On the north side of West 121st Street between
Frederick Douglass Boulevard & Manhattan Avenue .
1948 / 22
25 ' X 100.92 '
2,523 SF
5
25 ' X 86 '
9,516 SF
8,089 SF (assumes 15% loss factor)
20 Units
R7-2
10,092 BSF
576 SF
$379,800 (Tax Class 2)
$47,900
$361,080
$110,270
$250,809
5.01%
PROPERTY FEATURES
INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 315 West 121st Street, a five (5)
story, multifamily walk-up building, totaling twenty (20) rent stabilized residential units on the north side of West
121st Street between Frederick Douglass Boulevard & Manhattan Avenue.
Located adjacent to Restaurant Row along Frederick Douglass Blvd from 110th to 124th Streets, the property benefits
from a wide range of cultural amenities and some of the City’s finest dining establishments that give the streets of
West Harlem a unique dynamism.
In addition, there are several new developments that are either under construction or recently completed that will
further transform the immediate area, including, but not limited to: The Vidro Condominiums at 313 West 121st Street,
Happy Living's 13-Story, 169-residential unit development at 300 West 122nd Street, the condominium project at 370
West 125th Street and Harlem's future tallest building at 233 West 125th Street (aka the Victoria Theater
Redevelopment), which will include 191 rental apartments and a 210-key Renaissance Marriott Hotel.
The property is near Morningside Park, The Columbia University campus, The Columbia University Expansion Project
and the 125th Street Commercial Corridor. It is a few blocks away from the A, B, C, & D subway lines on West 125th
Street and Saint Nicholas Avenue with access to Midtown Manhattan (i.e. Columbus Circle) in less than 15 minutes.
Please inquire for full rent roll and DHCRs.
LOCATION:
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LOT AREA:
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GROSS SQUARE FOOTAGE:
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ZONING:
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ASSESSMENT 19/20:
TAXES 19/20:
GROSS ANNUAL REVENUE :
EXPENSES + VACANCY LOSS :
NET OPERATING INCOME:
CAP RATE
315 WEST 121st STREET
MANHATTAN, NY 10027INVICTUSPROPERTY ADVISORS
FAÇADE
CUTOUTS ALLOW FOR 360° LIGHT & AIR
315 WEST 121st STREET
MANHATTAN, NY 10027INVICTUSPROPERTY ADVISORS
PROPERTY PHOTOS
315 WEST 121st STREET
MANHATTAN, NY 10027
MAP
INVICTUSPROPERTY ADVISORS
REDUCED ASKING PRICE
$5 ,000 ,00020 - UNIT CENTRAL HARLEM MULTIFAMILY BUILDING FOR SALE
15 Minutes to Midtown Manhattan via A, B, C & D
Subways Lines , 25' of Frontage, Close Proximity to
Columbia University
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