CrezlyOff-Market Offering

16-Unit Multifamily

$6,850,000

Multifamily · 16 units

Asking Price
$6,850,000
Units
16
Asset Type
Multifamily

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
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/morningside-park-nyc-16-family-12600sqft-built/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.