406 W 48th St | New York, NY 10036
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406 W 48th St
New York, NY 10036
Multifamily Property For Sale · 20 Units
Executive Summary
FIVE-STORY WALK-UP APARTMENT BUILDING WITH A TOTAL OF 20 RESIDENTIAL UNITS. THE SUPER RESIDES IN ONE OF THE UNITS.
19/ONE BEDROOM,
1/FOUR BEDROOM – 2 BATH – SEPARATE RENOVATED KITCHEN WITH DISHWASHER, LARGE LIVING ROOM
19/ONE BEDROOM,
1/FOUR BEDROOM – 2 BATH – SEPARATE RENOVATED KITCHEN WITH DISHWASHER, LARGE LIVING ROOM
PROPERTY FACTS
| Price Per Unit | $375,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6.46% | Building Size | 9,750 SF |
| No. Units | 20 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/1984 |
| Apartment Style | Mid Rise |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 9,750 SF |
| Average Occupancy | 90% |
| No. Stories | 5 |
| Year Built/Renovated | 1920/1984 |
Unit Amenities
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 395 |
| 2+1 | 4 | - | - |
| 4+2 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 1057-0038 | Improvements Assessment | $936,000 |
| Land Assessment | $225,000 | Total Assessment | $1,161,000 |
PROPERTY TAXES
Parcel Number
1057-0038
Land Assessment
$225,000
Improvements Assessment
$936,000
Total Assessment
$1,161,000
zoning
| Zoning Code | R8 (residential) |
| R8 (residential) |
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