452 WEST 145TH STREET, NEW YORK, NY 10031 HARLEM 3-STORY WALKUP BUILDING WITH 6 APARTMENTS AND STORE
Address: 452 WEST 145TH STREET, NEW YORK, NY 10031 Between Amsterdam & Convent Avenues
Description: Built in 1926, this 3-story walkup building with 6 apartments and store consists of 3,328± SF. Neighborhood Harlem Block/Lot 2059/52 Lot & Built Size 16’ x 99.92’ built 51’ Stories 3 Total Apartments & Rooms 6 & 12 Layout 6/2 Total Stores 1 Zoning R6A, C1-4 FAR (built/allowed) 2.08/3 Assessment/Taxes (18/19) $207,450/$9,023
1st Mortgage: Delivered Free & Clear
Income: Apartments $101,300 Commercial $ 37,200 $ 138,500
Estimated Taxes (18/19) $ 8,355 Expenses: Water & Sewer $ 6,000 Payroll (non-union) $ 1,200 Fuel (gas) $ 2,400 Insurance $ 3,600 Utilities $ 1,500 Repairs, Maintenance, Misc. $ 6,000 $ 30,255 Estimated Net Operating Income: $ 108,245
Price: $ 3,000,000 ALL CASH Remarks: Near the 145th Street Station on the [A, B, C, D] trains.
Metrics: Average Rent / Apartment & Room $ 1,407 & $ 704 Price / SF $ 901 Price / Unit $ 375,000 Gross Rent Multiplier (x) 21.7 Cap Rate (%) 3.61 5 Open HPD Violations 5 B
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Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied. 452 WEST 145TH STREET, NEW YORK, NY 10031 HARLEM 3-STORY WALKUP BUILDING WITH 6 APARTMENTS AND STORE
RENT ROLL APT # TENANT NAME RENT/MONTH ROOMS Status 1F Tenant 1 $1,067.00 2 RS 1R Tenant 2 $1,325.00 2 RS 2F Tenant 3 $1,550.00 2 RS 2R Tenant 4 $1,550.00 2 RS 3F Tenant 5 (vacant) $1,550.00 2 RS 3R Tenant 6 $1,400.00 2 RS Residential Monthly Total $8,442.00 12 Residential Annual Total $101,304.00
COMMERCIAL UNIT # TENANT NAME RENT/MONTH LXP Sq. ft. PRICE/SF 1 Barber Shop $ 3,100.00 12/31/21 700 $53.14 Commercial Annual Total $37,200.00 COMBINED ANNUAL TOTAL $138,504.00 PROPERTY PHOTO
1 1 W e s t 2 0 t h S t r e e t , 4 t h F l o o r , N e w Yo r k , N Y 1 0 0 1 1 ( 2 1 2 ) 2 6 8 – 8 0 4 3 · w w w. p r i m e m a n h a t t a n . c o m
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied. 452 WEST 145TH STREET, NEW YORK, NY 10031 HARLEM 3-STORY WALKUP BUILDING WITH 6 APARTMENTS AND STORE
NEIGHBORHOOD MAP
TAX MAP
1 1 W e s t 2 0 t h S t r e e t , 4 t h F l o o r , N e w Yo r k , N Y 1 0 0 1 1 ( 2 1 2 ) 2 6 8 – 8 0 4 3 · w w w. p r i m e m a n h a t t a n . c o m
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.