16 Unit Multifamily Morningside Heights
Investment Highlights
Morningside park NYC 16 family 12600sqFt built R7A zone has J51 tax only $9000 yearly $3200 avg unit rent in place. J51 expiring & units become FM all units fully renovated 613k RR in place 500k NOI normal sale owner asking $6.85m / 7.4% cap negotiaboe
Location
📍 Morningside Heights
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
