7 W 126th St
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
thank you
Your email has been sent!
7 W 126th St
11 Unit Apartment Building $2,369,499 CAD ($215,409 CAD/Unit) New York, NY 10027
Investment Highlights
- Original Detail, Marble Fireplces
Executive Summary
Introducing 7 West 126th Street
Just Around the Corner - Harlem's Legendary 125th St Corridor! North and South exposures provide lots of natural light on all 4 floors.
7 West 126th Street is a 3 story (4 floor) SRO delivered with 1 Tenant. All other rooms and 2 class A free market apartments are vacant.
Building Dimensions: 17 FT Wide x 55 FT Deep. The Lot is 16.67 FT Wide X 99.92 FT Deep. Additional 2,981 sqft Air Rights.
The current rental configuration is: 2 free market apartments (full floor on garden and parlor level) and 9 Rent Stabilized class B rooms located on the 3rd and 4th floors.
TOTAL SQUARE FEET = 3,740 Plus 2,981 Air Rights
Great for owner-occupied buyer or investor with great potential income stream.
New Oil Boiler
—installed in 2022.
AO Smith 75-gallon gas hot water heater
—installed in 2022.
- Max income potential @ $324,000
Schedule an appointment today!
Just Around the Corner - Harlem's Legendary 125th St Corridor! North and South exposures provide lots of natural light on all 4 floors.
7 West 126th Street is a 3 story (4 floor) SRO delivered with 1 Tenant. All other rooms and 2 class A free market apartments are vacant.
Building Dimensions: 17 FT Wide x 55 FT Deep. The Lot is 16.67 FT Wide X 99.92 FT Deep. Additional 2,981 sqft Air Rights.
The current rental configuration is: 2 free market apartments (full floor on garden and parlor level) and 9 Rent Stabilized class B rooms located on the 3rd and 4th floors.
TOTAL SQUARE FEET = 3,740 Plus 2,981 Air Rights
Great for owner-occupied buyer or investor with great potential income stream.
New Oil Boiler
—installed in 2022.
AO Smith 75-gallon gas hot water heater
—installed in 2022.
- Max income potential @ $324,000
Schedule an appointment today!
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$38,205
|
$13.89
|
| Operating Expenses |
$31,727
|
$11.53
|
| Total Expenses |
$69,932
|
$25.42
|
Financial Summary (Actual - 2022)
| Taxes (CAD) | |
|---|---|
| Annual | $38,205 |
| Annual Per SF | $13.89 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $31,727 |
| Annual Per SF | $11.53 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $69,932 |
| Annual Per SF | $25.42 |
Property Facts
| Price | $2,369,499 CAD | Building Class | C |
| Price Per Unit | $215,409 CAD | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 2,751 SF |
| Sale Conditions | Redevelopment Project | Average Occupancy | 96% |
| No. Units | 11 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1909 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | $2,369,499 CAD |
| Price Per Unit | $215,409 CAD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 2,751 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1909 |
| Opportunity Zone |
Yes |
1 of 1
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 1724-0131 | Total Assessment | $316,139 CAD (2024) |
| Land Assessment | $9,599 CAD (2024) | Annual Taxes | $38,205 CAD ($13.89 CAD/SF) |
| Improvements Assessment | $306,540 CAD (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
1724-0131
Land Assessment
$9,599 CAD (2024)
Improvements Assessment
$306,540 CAD (2024)
Total Assessment
$316,139 CAD (2024)
Annual Taxes
$38,205 CAD ($13.89 CAD/SF)
Tax Year
2022
zoning
| Zoning Code | R7-2, New York, (C5) |
| R7-2, New York, (C5) |
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
7 W 126th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.