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Multifamily

280 Manhattan Avenue

280 Manhattan Ave, New York, NY 10026

Listing Price: $5,500,000

Cap Rate
8.40%
Number of Units
16
GRM
8.97
Price/Unit
$343,750
Price/Gross SF
$436.16
Gross SF
12,610

Investment Overview

Marcus & Millichap is pleased to present the following opportunity in one of the most sought-after neighborhoods in Upper Manhattan. 280 Manhattan Avenue is situated between West 111th and West 112th Streets, just steps away from Morningside Park and Central Park.

Investment Highlights

  • 280 Manhattan Avenue, built in 1900, is comprised of 16 residential units, approx 12,610 SF, and sits on a 34' x100' FT lot.
  • 15 Rent Stabilized Units, 1 Rent Controlled | Tax Class: 2 | Tax Abatement: J-51 | Zoning: R7A
  • 280 Manhattan Avenue is ideally located near Central Park, the Amsterdam Avenue retail corridor, and the Cathedral Parkway 110th Street train station.

Exclusively Listed By

Financing By

Multifamily

280 Manhattan Avenue

Listing Price: $5,500,000

Cap Rate
8.40%
Number of Units
16
GRM
8.97
Price/Unit
$343,750
Price/Gross SF
$436.16
Gross SF
12,610

Investment Highlights

  • 280 Manhattan Avenue, built in 1900, is comprised of 16 residential units, approx 12,610 SF, and sits on a 34' x100' FT lot.
  • 15 Rent Stabilized Units, 1 Rent Controlled | Tax Class: 2 | Tax Abatement: J-51 | Zoning: R7A
  • 280 Manhattan Avenue is ideally located near Central Park, the Amsterdam Avenue retail corridor, and the Cathedral Parkway 110th Street train station.

Investment Overview

Marcus & Millichap is pleased to present the following opportunity in one of the most sought-after neighborhoods in Upper Manhattan. 280 Manhattan Avenue is situated between West 111th and West 112th Streets, just steps away from Morningside Park and Central Park.

Exclusively Listed By

Financing By

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