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Multifamily

514 & 516 West 135th Street

514 W 135th St, New York, NY 10031

Listing Price: $10,000,000

Cap Rate
4.40%
Number of Units
48
Price/Unit
$208,333
Price/Gross SF
$300.95
Gross SF
33,228

Investment Overview

The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity, 514 & 516 West 135th Street. The buildings are located on West 135th Street between Broadway and Amsterdam Avenue, in the highly desirable Manhattanville submarket of Upper Manhattan, which is within walking distance of Columbia’s new campus, City College, St. Nicholas Park and more. Each building is built 43 X 85 and collectively span 33,228 square feet. Together the buildings offer an investor the opportunity to acquire 48 apartments: 24 (2) bedroom units and 24 (3) bedroom units with $118,884 in annual preferential rents. 514 & 516 West 135th Street are conveniently located near the 137th Street subway station.

Investment Highlights

  • The buildings are located on West 135th Street between Broadway and Amsterdam Avenue, in the highly desirable Manhattanville submarket of Upper Manhattan, walking distance of Columbia's new campus.
  • Each building is built 43 X 85 and collectively span 33,228 square feet.
  • Together the buildings offer an investor the opportunity to acquire 48 apartments: 24 (2) bedroom units and 24 (3) bedroom units with $118,884 in annual preferential rents.

Exclusively Listed By

Financing By

Multifamily

514 & 516 West 135th Street

Listing Price: $10,000,000

Cap Rate
4.40%
Number of Units
48
Price/Unit
$208,333
Price/Gross SF
$300.95
Gross SF
33,228

Investment Highlights

  • The buildings are located on West 135th Street between Broadway and Amsterdam Avenue, in the highly desirable Manhattanville submarket of Upper Manhattan, walking distance of Columbia's new campus.
  • Each building is built 43 X 85 and collectively span 33,228 square feet.
  • Together the buildings offer an investor the opportunity to acquire 48 apartments: 24 (2) bedroom units and 24 (3) bedroom units with $118,884 in annual preferential rents.

Investment Overview

The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity, 514 & 516 West 135th Street. The buildings are located on West 135th Street between Broadway and Amsterdam Avenue, in the highly desirable Manhattanville submarket of Upper Manhattan, which is within walking distance of Columbia’s new campus, City College, St. Nicholas Park and more. Each building is built 43 X 85 and collectively span 33,228 square feet. Together the buildings offer an investor the opportunity to acquire 48 apartments: 24 (2) bedroom units and 24 (3) bedroom units with $118,884 in annual preferential rents. 514 & 516 West 135th Street are conveniently located near the 137th Street subway station.

Exclusively Listed By

Financing By

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