431 West 48th Street

New York NY 10019

6560 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month. This is in a vibrant neighborhood brimming with multiple international hospitality options. Plenty of room for the savvy to reconfigure financially as well as structurally. In-place Income - $206,664 2024 Income - $323,340 Contact me for income and expenses.

Features

9 bedrooms

8 bathrooms

6560 sq. ft. floor area

Multi-Family

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Local market activity for 9 bedroom multi families in New York

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Chris Halliburton

at Compass

View listing

Sales:: (619) 566-0008

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