45 Unit Multifamily Manhattan
Price$4,500,000
Cap Rate9%
NOI$410,000
Units45
Investment Highlights
Washington Heights Bank note sale secured by a 45-unit rent-stabilized multifamily. Current NOI $410K. Note balance $4.43M. Assessed property value $4.25M. $312K past-due property taxes. Asking 4.5M (9% cap)
Annual Prop Taxes: $209,662
Location
📍 Manhattan
The exact address is withheld on off-market listings. Message the Crezly desk using the buttons on this page and we will come back to you.
Got a deal of your own?
Approved off-market listings earn a week of our premium Crezly membership and other perks.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
