422 St Nicholas AveNew York, NY 10027
10-unit building, 7.17% cap rate, $5M
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 95
Highlights
- 80% free-market, 10-unit apartment building (8 free-market, 2 rent-controlled) offering value-add potential.
- Well-maintained building with recent renovations including roof, boiler, and common areas.
- Prime location near 125th Street retail corridor (Trader Joe's, Marshalls, Apollo Theater) and public transportation (A, B, C, & D trains).
- Convenient location across from St. Nicholas Park, with easy access to subway stations.
- Gas-fired boiler and individual electric meters.
- Building amenities include a common rear yard, basement laundry, and underutilized basement space.
Property Details for 422 St Nicholas Ave
- Property type
- Multifamily properties, Apartment buildings
- Square Feet
- 13,326 SF
- Year Built/Renovated
- 1932/2018
- Buildings
- 1
- Stories
- 5
- Units
- 10
Location Insight
- City
- New York
- County
- New York
- State
- New York
- Latitude
- 40.814596944273
- Longitude
- -73.949249089823
Nearby Similar for Sale
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