6 E 132nd St 17 Unit Apartment Building $5,800,000 ($341,176/Unit) New York, NY 10037
EXECUTIVE SUMMARY
Newly renovated 17-unit multifamily property, located at 6 E 132nd St, New York, NY 10037, offers an exceptional investment opportunity in the vibrant and rapidly growing neighborhood of East Harlem. The building has undergone substantial rehabilitation, achieving fully free-market status and making it a turnkey asset for investors seeking immediate rental income.
The property has been fully gut-rehabbed, with extensive updates that include new plumbing, electrical systems, a modernized staircase, and a brand-new roof. It features individual split units and separate meters, enhancing tenant convenience and simplifying utility management. Designed as an all-electric, high-energy-efficient building,
Investors will benefit from a building that is ready to generate income upon acquisition, with the a Certificate of Occupancy (C/O) already in place. Its strategic location in East Harlem places it within proximity to key transportation links, retail destinations, and cultural hubs, making it a sought-after address for tenants.
With 17 modern units, this property represents a reliable income-generating asset in an up-and-coming Manhattan district. Its free-market designation, coupled with its comprehensive rehabilitation, makes it a standout opportunity for those looking to expand their commercial real estate portfolio.
The property has been fully gut-rehabbed, with extensive updates that include new plumbing, electrical systems, a modernized staircase, and a brand-new roof. It features individual split units and separate meters, enhancing tenant convenience and simplifying utility management. Designed as an all-electric, high-energy-efficient building,
Investors will benefit from a building that is ready to generate income upon acquisition, with the a Certificate of Occupancy (C/O) already in place. Its strategic location in East Harlem places it within proximity to key transportation links, retail destinations, and cultural hubs, making it a sought-after address for tenants.
With 17 modern units, this property represents a reliable income-generating asset in an up-and-coming Manhattan district. Its free-market designation, coupled with its comprehensive rehabilitation, makes it a standout opportunity for those looking to expand their commercial real estate portfolio.
PROPERTY FACTS
| Price | $5,800,000 |
| Price Per Unit | $341,176 |
| Sale Type | Investment |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 9,910 SF |
| Average Occupancy | 0% |
| No. Stories | 5 |
| Year Built/Renovated | 1936/2024 |
| Opportunity Zone |
Yes |
| Zoning | R7-2 - R7-2 is a zoning district in New York City that's part of the medium-density R7 zoning category |
AMENITIES
UNIT AMENITIES
- Tub/Shower
1 of 1
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 1756-0067 | Improvements Assessment | $853,380 |
| Land Assessment | $45,000 | Total Assessment | $898,380 |
