• MLS# OLRS-0074829ID
  • Townhouse
  • Beds: 12
  • Baths: 12
  • Built: 1920

Sponsor Sale. Excellent investment opportunity.

A package of 10 residential units--(7) Free Market and (3) Rent Stabilized?in a pre-war, elevator co-op on the Upper West Side.

This co-op allows for unlimited subletting from day 1 with no board approval. All free market units are currently leased through August 2019.

The building is conveniently situated on a quiet block between Riverside Park and Central Park, and ½ block from the 1 train on Broadway, just 2 stops to Columbia University.

Recent building improvements include a newly constructed laundry room in the basement, and extensive boiler refurbishment. A new elevator is scheduled for installation in January 2019. No upcoming assessments.

Selling at a 3.8% Cap Rate with ask of $7.1MM. Photos and floor plans are samples. Finishes and layouts vary. Rent roll available upon request.

Courtesy of Compass

  • Pets: Yes

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