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301 Saint Nicholas Ave
New York, NY 10027

351-357 West 125th Street · Multifamily Property For Sale · 38 Units

PROPERTY FACTS

No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.23 AC
Building Size 45,945 SF
No. Stories 6
Year Built/Renovated 1926/1988

Unit Amenities

  • Cable Ready
  • Heating
  • Kitchen
  • Oven

About 301 Saint Nicholas Ave , New York, NY 10027

Ariel Property Advisors is pleased to present 351-357 West 125th Street, a mixed-use elevator building, located on the northwest corner of West 125th Street and Saint Nicholas Avenue. Measuring 86' x 96' in dimension, this 6 story elevator building benefits from 100' of prime frontage on the West 125th Street retail corridor, and contains 45 units across 45,945 gross square feet. The apartment unit mix consists of five (5) 4-bedrooms apartments, seven (7) 3- bedrooms apartments, twenty-four (24) 2-bedroom apartments, one (1) 1-bedroom apartment, seven (7) commercial units, and one (1) super' s unit. Of the thirty-seven (37) residential units, twenty-six (26) are rent stabilized, eight (8) units are free market, and three (3) units are rent controlled. With residential rents currently at less than $23 per square foot, and multiple options available to maximize the property' s retail potential, 351-357 West 125th Street offers investors with an opportunity to capture significant upside in a highly desirable location. Northwest corner of West 125th Street and St. Nicholas Avenue

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1952-0011
Land Assessment
$320,287
Improvements Assessment
$3,897,642
Total Assessment
$4,217,930

zoning

Zoning Code C4-4
C4-4
  • Listing ID: 5034576

  • Date on Market: 2016-11-30

  • Last Updated:

  • Address: 301 Saint Nicholas Ave, New York, NY 10027

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