Off-Market Offering45 Unit Multifamily Manhattan
$4,500,000
45 units
Asking Price
$4,500,000
Cap Rate
9%
NOI
$410,000
Units
45
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
Yaniv Grinberg
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/washington-heights-bank-note-sale-secured-by-a-45-unit-rent-stabilized-multifamily/
https://www.crezly.com/property/washington-heights-bank-note-sale-secured-by-a-45-unit-rent-stabilized-multifamily/
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.