128 Grand Ave - Apartments FOR SALE


Johnson City, NY 13790
$8,690,000 USD
607-857-3864
128 Grand Ave, Johnson City, NY for Sale
$8,690,000 USD
Apartments - FOR SALE
1/33
null | 6.38% Cap Rate

128 Grand Ave
Johnson City, NY 13790


HIGHLIGHTS

  • One of few truly luxury options in the area
  • Versatile clientele includes students, doctors, nurses and two local sports teams
  • Located immediately near largest local hospital and BU Health Sciences Campus
  • Brand new build with gorgeous kitchens and baths
  • Building includes lounge areas, gym, game area, copy room and outdoor deck/fire pit, as well as onsite EV charging stations

OVERVIEW

Enjoy the very definition of pride-of-ownership in the Grand Monarch (formerly the LOFTS @ JC). This gorgeous building boasts 24 beautiful units that appeal to doctors, nurses, students, professionals, and two different sports teams- the NY Mets AA and the Binghamton Black Bears- call the Grand Monarch home! Enter into an inviting foyer, and visit the luxurious lounge areas located on each floor. Notice the pristine and well-lit spacious halls, visit the movie lounge and gym, picture yourself having an unrivaled living experience in Johnson City! The true appeal to this building, though, is the effortlessly modern and comfortable feel of the living units themselves. Each has durable contemporary flooring, fresh carpets, large windows, plenty of storage, and a kitchen to brag about. The units are 1, 2 and 3-bedrooms, each bed with its own bath. The Grand Monarch commands top rents for the area, and there's no doubt why. Call today for a private tour!

FOR SALE DETAILS

PRICE

$8,690,000 USD

PRICE/SF

$656 USD /SF

# OF UNITS

24

PRICE/UNIT

$362,083

CAP RATE

6.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grand Monarch

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,592 SF

ZONING

UMF

APN/PARCEL ID

034603-143-073-0003-003-000-0000

ASK ABOUT THIS PROPERTY

Steph JacobsonColdwell Banker Commercial Custom RealtyMore Info
607-857-3864

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Steph JacobsonColdwell Banker Commercial Custom RealtyMore Info
607-857-3864

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