456 W 167th Street , 1MA

    New York, NY 10032
    • $650,000
    • STATUS: Active
    • ON SITE: 74 days
    • MLS #: 4907355
    UPDATED: 163 min ago
    $650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 860
      SQFT
    • $756
      $/SQFT
    Neighborhood:
    Type:
    Condo
    Built:
    2014
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Investment Unit CAP RATE OF 4.9%!Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI.The current lease is at $3,399/month, increasing 3% annually for 4 years with an option to renew for another 5 years.Landlord pays common charges of $588 per month, and annual taxes of $2,186.Tenant is responsible for all other expenses, utilities, etc.Total free cash flow is over $31k annually.* Cap rate of 4.9%.

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    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-06-16T00:15:29.633.
    www.westchesterhomesnow.com/homes/93277403

    456 W 167th Street , 1MA New York, NY 10032

    • Price: $650,000
    • Status: Active
    • Updated: 163 min ago
    • MLS #: 4907355
    0
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    860
    SQFT
    $756
    $/SQFT
    2014
    Built
    Neighborhood:
    New York
    County:
    New York (Manhattan)
    Area:
    New York
    Elementary School:
    City Of New York
    Middle School:
    City Of New York
    High School:
    Call Listing Agent
    School District:
    New York
    Property Description
    Investment Unit CAP RATE OF 4.9%!Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI.The current lease is at $3,399/month, increasing 3% annually for 4 years with an option to renew for another 5 years.Landlord pays common charges of $588 per month, and annual taxes of $2,186.Tenant is responsible for all other expenses, utilities, etc.Total free cash flow is over $31k annually.* Cap rate of 4.9%.
    Exterior Features

    Parking Other/See Remarks Style StudioMid Rise

    Interior Features

    Air Conditioning None Attic Description See Remarks Basement Description See Remarks Heating Fuel Other/See Remarks Heating Type See Remarks Pets Allowed No Restrictions Total Rooms Finished 2

    Property Features

    Adult55 Community No Amenities ElevatorExposure NorthDoorman Floor Number 1 Garbage Other/See Remarks Reo Bank Owned 0 Sewer Description Others/See Remarks Sq Ft Source Other Tax Amount 2184 Tax Source Other Village None Water Description Other/See Remarks

    Listing courtesy of Natsuko Ikegami of Compass.

    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.


    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-06-16T00:15:29.633.
     
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