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Multifamily

51 E 126th St

51 E 126th St, New York, NY 10035

Listing Price: $2,000,000

Cap Rate
5.00%
Number of Units
7
Occupancy
97.0%
Price/Unit
$285,714
Price/Gross SF
$333.33
Gross SF
6,000

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the following opportunity located in Harlem, New York. 51 East 126 street is located between Park Avenue and Madison Avenue and contains gross square footage of 6,000 square feet. The building is built on 25 foot by 100 foot lot (Block 1751 Lot 29). The property is zoned R7B . The building consists of 7 units. Four will be delivered vacant.

Investment Highlights

  • Ideal location near Four, Five and Six Subways and 125 street Metro North station
  • Over 5700 SF of rentable space..
  • Delivered with 4 vacancies.
  • Lots of upside
  • Possible adding additional floor with more than 1500 SF air rights available

Exclusively Listed By

Financing By

Multifamily

51 E 126th St

Listing Price: $2,000,000

Cap Rate
5.00%
Number of Units
7
Occupancy
97.0%
Price/Unit
$285,714
Price/Gross SF
$333.33
Gross SF
6,000

Investment Highlights

  • Ideal location near Four, Five and Six Subways and 125 street Metro North station
  • Over 5700 SF of rentable space..
  • Delivered with 4 vacancies.
  • Lots of upside
  • Possible adding additional floor with more than 1500 SF air rights available

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the following opportunity located in Harlem, New York. 51 East 126 street is located between Park Avenue and Madison Avenue and contains gross square footage of 6,000 square feet. The building is built on 25 foot by 100 foot lot (Block 1751 Lot 29). The property is zoned R7B . The building consists of 7 units. Four will be delivered vacant.

Exclusively Listed By

Financing By

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