Harlem Renaissance Multifamily Property Listed at 368 West 118th Street
$1,650,000
368 West 118th Street, New York, NY 10026
Property Description
This Harlem Renaissance, Built in 1901, with an enclosed front courtyard and private back yard space, this beautiful brownstone features 8 units and 8 baths with hardwood flooring, and kitchen. This rent-stabilized 4 stories building, has 3 studio apartments and 5 one bedroom apartments; they are all tenant occupied, which brings in an annual Net Income over $92,450 per year.
There're 2-3 Units can be deliver vacant.
This quiet, brownstone-lined block is conveniently located for public transportation with the 2, 3, A, B, C, D trains within walking distance.
Take advantage of your chance to see Central Park, Morningside Park from your doorstep!
This is a Perfect Harlem Gem for an investor!
Property Details
Asset Type
MultiFamily
Neighborhood
Harlem
Submarket
New York
ZIP
10026
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$93,862
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$7,822
Annual Debt Service
$93,862
View on Map
Address
368 West 118th Street
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New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
