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Multifamily

PFC Astor

62 W 130th St, New York, NY 10027

Listing Price: $1,550,000

Cap Rate
5.22%
Number of Units
6
GRM
8.04
Occupancy
100.0%
Price/Unit
$258,333
Price/Gross SF
$202.30
Gross SF
7,662

Investment Overview

Marcus and Millichap is pleased to exclusively represent the property located at 60-62
West 130th Street, New York, NY, 10037.

The property, situated in the historic landmark district of Astor Row, consists of two sideby-
side three-story walk-up apartment buildings with three units in each building; one
first floor three-bedroom, two bath duplexed to the basement, and one-bedroom, one bath
floor thru apartments on each of the second and third floors. The two first floor units have
a shared garden/patio area. The buildings share a common wall, have separate heating
systems and access to each building is from the street, side or rear yard.

The property was completely renovated in 2015 through a J51 program, and is subject to
rent stabilzation through that program.

Investment Highlights

  • Situated on a beautiful block in Harlem
  • Full, floor-thru apartments.
  • Close proximity to the (2&3) subway station.
  • Units are fully renovated in 2015 with J-51 Tax abatement in place until 2045

Exclusively Listed By

Multifamily

PFC Astor

Listing Price: $1,550,000

Cap Rate
5.22%
Number of Units
6
GRM
8.04
Occupancy
100.0%
Price/Unit
$258,333
Price/Gross SF
$202.30
Gross SF
7,662

Investment Highlights

  • Situated on a beautiful block in Harlem
  • Full, floor-thru apartments.
  • Close proximity to the (2&3) subway station.
  • Units are fully renovated in 2015 with J-51 Tax abatement in place until 2045

Investment Overview

Marcus and Millichap is pleased to exclusively represent the property located at 60-62 West 130th Street, New York, NY, 10037. The property, situated in the historic landmark district of Astor Row, consists of two sideby- side three-story walk-up apartment buildings with three units in each building; one first floor three-bedroom, two bath duplexed to the basement, and one-bedroom, one bath floor thru apartments on each of the second and third floors. The two first floor units have a shared garden/patio area. The buildings share a common wall, have separate heating systems and access to each building is from the street, side or rear yard. The property was completely renovated in 2015 through a J51 program, and is subject to rent stabilzation through that program.

Exclusively Listed By

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