39-45 Madison St
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39-45 Madison St
40 Unit Apartment Building $9,500,000 ($237,500/Unit) 3.58% Cap Rate New York, NY 10038
Executive Summary
Prime location downtown Manhattan. Corner, walk up 6 story building. Consists of 6 stores on ground floor and 20 apartment floor 2 and up.
Property Facts
| Price | $9,500,000 | Apartment Style | Mid Rise |
| Price Per Unit | $237,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 3.58% | Building Size | 17,478 SF |
| No. Units | 40 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Price | $9,500,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| Cap Rate | 3.58% |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 17,478 SF |
| No. Stories | 6 |
| Year Built | 1900 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 0279-0029 | Improvements Assessment | $611,280 |
| Land Assessment | $148,500 | Total Assessment | $759,780 |
PROPERTY TAXES
Parcel Number
0279-0029
Land Assessment
$148,500
Improvements Assessment
$611,280
Total Assessment
$759,780
zoning
| Zoning Code | R7-2 |
| R7-2 |
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39-45 Madison St
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