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557 W 174th St, New York, NY 561 W 174th St, New York, NY
557-561 West 174th Street
Asset ClassMultifamily
# Buildings2
# Stories: 5Year Renovated: 1988Access Data Room
42 Apartments | 36,430 SF | (2) Contiguous Buildings
overview of deal

Overview

Built in 1912, 557-561 West 174th Street are two 5-story walkup apartment buildings that have 36,430 SF and includes 42 apartments. Located between St Nicholas Avenue and Audubon Avenue, Washington Heights is a lively neighborhood rich in history and cultural diversity. With a mix of elegant pre-war buildings and modern high-rise apartments, it is home to landmarks such as the George Washington Bridge and Fort Tryon Park, as well as vibrant commercial corridors and cultural institutions like the Hispanic Society of America.

 

ASKING PRICE: $3,000,000 | $71,429 PPU | $82 PSF | 4.7x GRM

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Investment Highlights

  • Located between St. Nicholas & Audubon Avenues
  • 100% RS | Monthly Average Rent: $1,261
  • Layout: (22) 1BD | (19) 2BD | (1) 4BD
  • 42 Apartments | 36,430 SF
  • Nearby transportation includes the A, C & 1 subway lines
557 W 174th StNew York, NY 10033

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Listing provided by Revere CRE