7 W 126th St - Apartments FOR SALE


New York, NY 10027
$1,650,000 USD
917-841-3230
7 W 126th St, New York, NY for Sale
$1,650,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

7 W 126th St
New York, NY 10027


HIGHLIGHTS

  • Original Detail, Marble Fireplces

OVERVIEW

Introducing 7 West 126th Street Just Around the Corner - Harlem's Legendary 125th St Corridor! North and South exposures provide lots of natural light on all 4 floors. 7 West 126th Street is a 3 story (4 floor) SRO delivered with 1 Tenant. All other rooms and 2 class A free market apartments are vacant. Building Dimensions: 17 FT Wide x 55 FT Deep. The Lot is 16.67 FT Wide X 99.92 FT Deep. Additional 2,981 sqft Air Rights. The current rental configuration is: 2 free market apartments (full floor on garden and parlor level) and 9 Rent Stabilized class B rooms located on the 3rd and 4th floors. TOTAL SQUARE FEET = 3,740 Plus 2,981 Air Rights Great for owner-occupied buyer or investor with great potential income stream. New Oil Boiler —installed in 2022. AO Smith 75-gallon gas hot water heater —installed in 2022. - Max income potential @ $324,000 Schedule an appointment today!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$600 USD /SF

# OF UNITS

11

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,385 SF

ZONING

R7-2, New York, (C5)

APN/PARCEL ID

1724-0131

ASK ABOUT THIS PROPERTY

Elaine PerryPerry Associates NYC Inc.More Info
917-841-3230

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Elaine PerryPerry Associates NYC Inc.More Info
917-841-3230

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