2129-2133 Amsterdam Ave | New York, NY 10032
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2129-2133 Amsterdam Ave
New York, NY 10032
Multifamily Property For Sale · 24 Units
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to arrange for the sale of 2129 Amsterdam Avenue.
The subject property is a 6-story, 25,296 SF, elevator serviced apartment building comprised of 21 apartments and 3 retail stores on the ground floor. There are currently 7 free market units and 13 rent stabilized units. The property is ideally located on the southeast corner of West 166th Street and Amsterdam Avenue in the Washington Heights neighborhood of New York. It is 2 blocks away from New York Presbyterian Hospital.
The property benefits from its proximity to the 1, A, & C subway stations at 168th Street & Broadway.
The subject property is a 6-story, 25,296 SF, elevator serviced apartment building comprised of 21 apartments and 3 retail stores on the ground floor. There are currently 7 free market units and 13 rent stabilized units. The property is ideally located on the southeast corner of West 166th Street and Amsterdam Avenue in the Washington Heights neighborhood of New York. It is 2 blocks away from New York Presbyterian Hospital.
The property benefits from its proximity to the 1, A, & C subway stations at 168th Street & Broadway.
PROPERTY FACTS
| Price Per Unit | $292,789 CAD | Apartment Style | Mid Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.99% | Lot Size | 0.12 AC |
| Gross Rent Multiplier | 7.77 | Building Size | 25,296 SF |
| No. Units | 24 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment |
| Price Per Unit | $292,789 CAD |
| Sale Type | Investment |
| Cap Rate | 6.99% |
| Gross Rent Multiplier | 7.77 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 25,296 SF |
| No. Stories | 6 |
| Year Built | 1910 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 3+1 | 9 | - | - |
| 4+1 | 6 | - | - |
| 5+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 2111-0050 | Improvements Assessment | $1,607,834 CAD |
| Land Assessment | $139,072 CAD | Total Assessment | $1,746,907 CAD |
PROPERTY TAXES
Parcel Number
2111-0050
Land Assessment
$139,072 CAD
Improvements Assessment
$1,607,834 CAD
Total Assessment
$1,746,907 CAD
zoning
| Zoning Code | R7-2, C2-4 |
| R7-2, C2-4 |
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