1978 2nd Ave | New York, NY 10029
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1978 2nd Ave
New York, NY 10029
Multifamily Property For Sale · 16 Units
Executive Summary
Prime investment opportunity and value for this five-story, 10,625 square foot space. The building currently holds commercial space on the ground floor with residential units on the second through fifth floor. The building has a functioning elevator. The building has 4,425 unused FAR and is in good condition for development. Conveniently located near public transit only 0.6 miles from 103rd Street Subway Station as well as several Bus stops along 2nd Avenue.
PROPERTY FACTS
| Price Per Unit | $625,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 16 | Building Size | 10,625 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/1987 |
| Apartment Style | Mid Rise |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 10,625 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1910/1987 |
Site Amenities
- Vintage Building
PROPERTY TAXES
| Parcel Number | 1673-0051 | Improvements Assessment | $884,510 |
| Land Assessment | $50,400 | Total Assessment | $934,910 |
PROPERTY TAXES
Parcel Number
1673-0051
Land Assessment
$50,400
Improvements Assessment
$884,510
Total Assessment
$934,910
zoning
| Zoning Code | R8A (High density residential district) |
| R8A (High density residential district) |
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