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323 E 116TH ST    Sold On September 24, 2014
Cross Streets: First Ave & Second Ave (Harlem)   Web ID 2154

Financials

SOLD

Essentials

Type: Multi Family
Size: Five+
Rooms: 9
Beds: 5
Baths: 5
Doorman: No
CAP Rate: 6.8%
Net Operating Income: $101,025

Features

Floors: 6
Apts: 4
Built: 1910

Six (6) unit multi-family building with Community Facility located in East Harlem. Excellent investment value. Harlem's next hot area for re-development. Near to the Costco, Best Buy, and Target shopping center, as well as the new Hunter College Humanities Center, the area is fast becoming revitalized! $1,480,000 Offering needs to be at or close to ask. Current configuration is contrary to C/O DELIVERED VACANT (Check with buyer's bank re financing, ie: all cash buyers preferred) 4 apartments indicated on the C/O Currently split into 6 units with 6 kitchens. 2 studios on 4th floor 2 studios on 3rd floor 1 1BR on 2nd floor and ground floor 1BR floor through All free market.

Patrick Todd

Patrick Todd

Web Id: 2154

Office 212-994-3243
Cell 917-716-5168
Fax 212-627-8150

Map

All Information Regarding A Property For Sale, Rental Or Financing Is From Sources Deemed Reliable. No Representation Is Made As To The Accuracy Thereof, And Such Information Is Subject To Errors, Omission, Change Of Price, Rental, Commission, Prior Sale, Lease Or Financing, Or Withdrawal Without Notice. All Square Footage And Dimensions Are Approximate. Exact Dimensions Can Be Obtained By Retaining The Services Of A Professional Architect Or Engineer.

  City Connections Realty, Inc. supports Equal Housing Opportunity. The federal Fair Housing Act makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make such preference, limitation or discrimination." We will not knowingly accept or permit any advertisement for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.