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2 Multifamily Buildings in Sugar Hill

2 Multifamily Properties Offered at $9,130,420 CAD in New York, NY

Investment Highlights

  • Mostly free market units

Executive Summary

-Two pre-war walk-up buildings totaling 54 units in Hamilton Heights
-98% occupied and 52% free market, offering both steady cash flow and potential upside
-Situated in the historically rich Sugar Hill section of Hamilton Heights with an abundance of trendy dining and entertainment options nearby
-Attractive variety of unit sizes and layouts
-Additional income gained from the antenna on the roof of one of the buildings
-Conveniently located near several transportation options such as the A & C trains at the 155 St Station, providing quick access to Midtown

Property Facts

Price $9,130,420 CAD
Price / SF $212.21 CAD / SF
Cap Rate 6.29%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 43,025 SF
Total Land Area 0.38 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
465-467 W 152nd St, New York, NY 10031 Multifamily 30,410 SF 1926 -
453 W 152nd St, New York, NY 10031 Multifamily 12,615 SF 1926 -
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  • Listing ID: 33851713

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 2 Multifamily Buildings in Sugar Hill, New York, NY

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