125 W 142nd St - Apartments FOR SALE


New York, NY 10030- Central Harlem
$1,600,000 USD
347-440-3000
125 W 142nd St, New York, NY for Sale
$1,600,000 USD
Apartments - FOR SALE
1/2
null | 10.54% Cap Rate

125 W 142nd St
New York, NY 10030
Central Harlem


HIGHLIGHTS

  • Huge Investment Upside
  • Close to Train Station
  • Priced Below Market

OVERVIEW

No Interior Access, Foreclosure Contract Vendee, Cash Offers Only, Sold As-Is. This six-story walk-up multifamily building in the heart of Harlem spans approximately 15,836 sq ft with a 40-foot frontage and consists of 18 residential units, all subject to rent regulation. Located just three blocks from the 145th St Station and a short walk to the No. 3 train, it offers excellent connectivity. Priced significantly below market value, the property presents strong income potential with upside in preferential rents and the ability to increase the rent roll. Ideal for investors or owner-occupiers seeking long-term value in a high-demand area.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$101 USD /SF

# OF UNITS

18

PRICE/UNIT

$88,889

CAP RATE

10.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,960 SF

ZONING

R7-2

APN/PARCEL ID

2011-0023

ASK ABOUT THIS PROPERTY

Leonard ZhengVORO Real EstateMore Info
347-440-3000

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Leonard ZhengVORO Real EstateMore Info
347-440-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.