Multi-family

Prime Investment Opportunity at 160 E 105th Street, New York, NY, 10029

An exceptional chance to own a 3-star mid-rise apartment building located in the heart of Manhattan’s East Harlem. This urban investment property offers strong financial returns, quality construction, and an ideal location for long-term growth.

Property Details:

• Asking Price: $2,500,000 ($625,000/Unit)
• Cap Rate: 6.73%
• Sale Type: Investment
• Property Type: 3-Star Mid-Rise Apartments
• Gross Building Area (GBA): 5,110 SF
• Typical Floor Size: 1,278 SF
• Number of Units: 4
• Stories: 4
• Building Class: B

Key Advantages:

Urban Location: Situated in the dynamic neighborhood of East Harlem, this property enjoys excellent proximity to public transit, dining, retail, and cultural destinations, ensuring tenant satisfaction and high demand.

Attractive Income Potential: With a strong cap rate of 6.73% and market-rate rental units, this property provides consistent revenue in a high-demand rental market.

Quality Construction: Designed as a 3-star mid-rise building, the property delivers both durability and a contemporary aesthetic, appealing to modern urban renters.

Scalable Investment: With a total of four spacious units across four stories, this property is an ideal addition for investors looking for manageable yet profitable real estate.

Efficient Layout: Each floor offers approximately 1,278 SF, providing versatile living spaces for tenants.

Growth-Oriented Neighborhood: East Harlem continues to experience significant development, making it a sought-after destination for both residents and investors.

Whether you’re expanding your portfolio or entering the New York City real estate market, this property offers an excellent balance of stability, growth potential, and attractive returns.

Contact us today for more details or to schedule a private viewing of 160 E 105th Street, New York, NY.