Multifamily
510 West 144th Street
510 W 144th St, New York, NY 10031
Listing Price: $5,400,000
Investment Overview
Marcus & Millichap is pleased to offer 510 West 144th Street, in the heart of Harlem. This meticulously
maintained elevator building is comprised of 44 apartments, 11 of which are free-market. Spanning 41,420 square feet, this asset is situated in prime Upper Manhattan between Hamilton Place & Broadway, right off Amsterdam Avenue. With 25% of the units free market and a single rent-controlled two-bedroom apartment, the property provides investors with both immediate and long-term upside. 510 West 144th Street has been professionally managed, owned, and operated by the same family office for nearly 30 years,
510 West 144th Street
Investment Highlights
- 510 West 144th Street, built in 1925, spans 6 stories and is comprised of 44 units, approx. 41,420 SF.
- 8.5% Cap Rate | 5.5x GRM | $130 per square foot
- 510 West 144th Street is conveniently located near the 145th Street D & 1 Subway Lines, The City College of NY, and Montefiore Hospital.
Listing Price: $5,400,000
Investment Highlights
- 510 West 144th Street, built in 1925, spans 6 stories and is comprised of 44 units, approx. 41,420 SF.
- 8.5% Cap Rate | 5.5x GRM | $130 per square foot
- 510 West 144th Street is conveniently located near the 145th Street D & 1 Subway Lines, The City College of NY, and Montefiore Hospital.
Investment Overview
Marcus & Millichap is pleased to offer 510 West 144th Street, in the heart of Harlem. This meticulously maintained elevator building is comprised of 44 apartments, 11 of which are free-market. Spanning 41,420 square feet, this asset is situated in prime Upper Manhattan between Hamilton Place & Broadway, right off Amsterdam Avenue. With 25% of the units free market and a single rent-controlled two-bedroom apartment, the property provides investors with both immediate and long-term upside. 510 West 144th Street has been professionally managed, owned, and operated by the same family office for nearly 30 years,
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
