Invincible Court 112 W 138th St 54 Unit Apartment Building $8,400,000 ($155,556/Unit) 6.05% Cap Rate New York, NY 10030
INVESTMENT HIGHLIGHTS
- Benefits from proximity to St. Nicholas Park and The City College of New York
- Conveniently located just three blocks north of the 135th St Station, providing direct access to Midtown via the ‘2’ and ‘3’ trains
EXECUTIVE SUMMARY
54-unit multifamily building in Central Harlem, just one block from the desirable Striver’s Row neighborhood. Extremely well maintained and professionally managed elevator building. Significant upside in preferential rents. Additional income provided by laundry machines in basement of the building
PROPERTY FACTS
| Price | $8,400,000 |
| Price Per Unit | $155,556 |
| Sale Type | Investment |
| Cap Rate | 6.05% |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 38,904 SF |
| No. Stories | 6 |
| Year Built | 1920 |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
1 of 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (70)
ZONING
| Zoning Code | R7-2 |
