217 E 115th St
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217 E 115th St
4 Unit Apartment Building $4,606,777 CAD ($1,151,694 CAD/Unit) 7.50% Cap Rate New York, NY 10029
Executive Summary
New York Multifamily is pleased to offer the following opportunity in East Harlem. 217 East 115th Street is a fully free market walk-up located in one of the most sought-after neighborhoods in Upper Manhattan. Situated between Second and Third Avenue, this tax-class-protected asset allows investors to take advantage of market rent increases upon vacancy turnover. Recently, the building underwent significant renovations, features a brand-new facade, and each unit boasts an upscale, condominium-quality finish
Property Facts
| Price | $4,606,777 CAD | Property Subtype | Apartment |
| Price Per Unit | $1,151,694 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 7.50% | Building Size | 4,639 SF |
| Gross Rent Multiplier | 11.3 | No. Stories | 3 |
| No. Units | 4 | Year Built | 1910 |
| Property Type | Multifamily |
| Price | $4,606,777 CAD |
| Price Per Unit | $1,151,694 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Gross Rent Multiplier | 11.3 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,639 SF |
| No. Stories | 3 |
| Year Built | 1910 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 1665-0009 | Improvements Assessment | $57,152 CAD |
| Land Assessment | $197,950 CAD | Total Assessment | $100,643 CAD |
PROPERTY TAXES
Parcel Number
1665-0009
Land Assessment
$197,950 CAD
Improvements Assessment
$57,152 CAD
Total Assessment
$100,643 CAD
zoning
| Zoning Code | R7A |
| R7A |
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217 E 115th St
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