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82 Wadsworth Ave
New York, NY 10033
82 & 84 Wadsworth Avenue · Multifamily Property For Sale · 47 Units

INVESTMENT HIGHLIGHTS

  • Two contiguous multifamily properties featuring 47 apartments.
  • 30% of the units are market rate, with the average rents being below market, presenting an investor with immediate upside.
  • Conveniently located near the A and 1 subway lines and neighborhood anchors such as Yeshiva University and Columbia Medical Center.
  • Offered at a 5% cap rate and $232,979/unit – this represents 10% and 20% discounts respectively over the 3-year average.
  • Favorable unit mix – 18 three-bedrooms, 28 two-bedrooms, and 1 one-bedroom.

PROPERTY FACTS

No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.10 AC
Building Size 14,665 SF
No. Stories 5
Year Built 1911
Zoning R7-2, Manhattan

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Range

ABOUT 82 WADSWORTH AVE , NEW YORK, NY 10033

Marcus & Millichap is pleased to offer 82 & 84 Wadsworth Avenue (block 2145, lots 47/49), located on the corner of West 177th Street in the Washington Heights submarket of Manhattan. The properties consist of 47 apartments and sit on a combined lot of 100 x 100 and totals 38,375 square feet. The two five-story walkup buildings situated at 82 & 84 Wadsworth Avenue are zoned R7-2 and are both Tax Class 2.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2145-0049
Land Assessment
$262,350
Improvements Assessment
$348,840
Total Assessment
$611,190
  • Listing ID: 19063209

  • Date on Market: 3/31/2020

  • Last Updated:

  • Address: 82 Wadsworth Ave, New York, NY 10033

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