Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

964 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

546 W 188th St

4 Unit Apartment Building $1,966,552 CAD ($491,638 CAD/Unit) 6.29% Cap Rate New York, NY 10040

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

One block from 1 train

Close to George Washington Bridge

Executive Summary

Well maintained legal 4 family residential building

Financial Summary (Actual - 2022)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$163,705	$44.01
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$163,705	$44.01
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$21,096	$5.67
Net Operating Income	$142,609	$38.34

Financial Summary (Actual - 2022)

Gross Rental Income (CAD)
Annual	$163,705
Annual Per SF	$44.01

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$163,705
Annual Per SF	$44.01

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$21,096
Annual Per SF	$5.67

Net Operating Income (CAD)
Annual	$142,609
Annual Per SF	$38.34

Property Facts

Price	$1,966,552 CAD	Apartment Style	Mid Rise
Price Per Unit	$491,638 CAD	Building Class	B
Sale Type	Investment	Lot Size	0.03 AC
Cap Rate	6.29%	Building Size	3,720 SF
No. Units	4	No. Stories	4
Property Type	Multifamily	Year Built	1920
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,966,552 CAD
Price Per Unit	$491,638 CAD
Sale Type	Investment
Cap Rate	6.29%
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	B
Lot Size	0.03 AC
Building Size	3,720 SF
No. Stories	4
Year Built	1920
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.