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25 Hamilton Terrace

New York NY 10031

8
8
Multi-Family
Currently for sale - view listing

Overview

Tremendous upside potential to acquire this multi family building located on a tree-lined block in Historic Hamilton Heights.Units:- 8 total rental units (1 rent-stabilized)- Four 1 bedroom units, four studios- Most units have a dishwasher, and some laundry in unitInvestor Information:- Rents are under-market, as is, and additional value can be created with adding appliances or modifying layouts- Upon achieving market rents, cap rate will be 5.3%- Potential condo-conversion play- Expenses approximately $28,000Building:- Renovated in 2015- New roof- New intercom system- Four total floors- R6A zoning- Building Size 4,000- Lot dimensions 17 65 ftArea:- Historic Hamilton Heights area- Subways: A C B D 1 3- Parks: : St. Nicholas Park, Johnny Hartman Square, Frank White Neighborhood Service Center, Jackie Robinson Park, Bradhurst Urban Renewal Park- Nearby collegesEmail or call for a set-up or a showing.

Features

8 bedrooms
8 bathrooms
Multi-Family

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Local market activity for 8 bedroom multi families in New York

In the last 12 months, 1 eight-bedroom multi family similar to 25 Hamilton Terrace, have been sold.

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(619) 566-0008
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