829 Ninth Ave - Apartments FOR SALE


New York, NY 10019
$9,650,000 USD
212-544-9500
829 Ninth Ave, New York, NY for Sale
$9,650,000 USD
Apartments - FOR SALE
1/2
null | 5.93% Cap Rate

829 Ninth Ave
New York, NY 10019


OVERVIEW

• 18 apartments with 2 stores (fully occupied) • 95% Free Market (17 FM & 1 RS) • Professionally managed building with complete historical rental records • 11 units renovated in the last 2 years with value-add in remaining 6 unrenovated units, common space and basement • Located on a strong retail corridor • 3 blocks from N, Q, R, W trains (57th Street station) and E, B, D trains (7 Ave) • 3 to 4 blocks from Columbus Circle/Central Park and the Hudson River Park • Short walking distance to 6th Avenue and the Midtown Business District

FOR SALE DETAILS

PRICE

$9,650,000 USD

PRICE/SF

$973 USD /SF

# OF UNITS

18

PRICE/UNIT

$536,111

CAP RATE

5.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,452 SF

ZONING

R8

APN/PARCEL ID

1064-0032

ASK ABOUT THIS PROPERTY

Christoffer BrodheadAriel Property AdvisorsMore Info
212-544-9500

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Christoffer BrodheadAriel Property AdvisorsMore Info
212-544-9500

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