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1978 2nd Ave
New York, NY 10029

Multifamily Property For Sale · 16 Units

Executive Summary

Prime investment opportunity and value for this five-story, 10,625 square foot space. The building currently holds commercial space on the ground floor with residential units on the second through fifth floor. The building has a functioning elevator. The building has 4,425 unused FAR and is in good condition for development. Conveniently located near public transit only 0.6 miles from 103rd Street Subway Station as well as several Bus stops along 2nd Avenue.

PROPERTY FACTS

Price Per Unit $888,831 CAD
Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.06 AC
Building Size 10,625 SF
No. Stories 5
Year Built/Renovated 1910/1987

Site Amenities

  • Vintage Building

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1673-0051
Land Assessment
$71,675 CAD
Improvements Assessment
$1,257,888 CAD
Total Assessment
$1,329,564 CAD

zoning

Zoning Code R8A (High density residential district)
R8A (High density residential district)
  • Listing ID: 29348406

  • Date on Market: 2023-08-23

  • Last Updated:

  • Address: 1978 2nd Ave, New York, NY 10029

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