Multi-family
Screenshot
For Sale
Multi-family
542, Cathedral Parkway, Bloomingdale, Manhattan Community Board 7, Manhattan, New York County, City of New York, New York, 10025, United States
Description
Listing Description: 542 Cathedral Parkway, New York, NY, 10025
Charming Low-Rise Apartment Building in Manhattan’s Upper West Side
Explore this unique investment opportunity at 542 Cathedral Parkway, offering a 2-star low-rise apartment building with a prime urban location. With a manageable size and a strong market segment, this property is ideal for investors seeking steady income and long-term value.
Key Features:
- Price: $4,300,000 ($860,000/Unit)
- Sale Type: Investment
- Property Type: 2-Star Low-Rise Apartments
- Location: Upper West Side, Urban Setting
- Units: 5
- Stories: 3
- Gross Building Area (GBA): 3,029 SF
- Typical Floor Area: 1,494 SF
- Class: C
- Number of Buildings: 1
- Units per Area: 124/AC
- Rent Type: Market
Advantages:
- Desirable Location: Situated on Cathedral Parkway in Manhattan’s Upper West Side, this property offers convenient access to local amenities, public transportation, and cultural attractions.
- Boutique Investment: With just five market-rate units, this property provides a manageable portfolio addition for new or seasoned investors.
- Urban Living Appeal: The property’s urban setting and proximity to Central Park and Morningside Heights make it attractive to tenants seeking a vibrant city lifestyle.
Seize this opportunity to own a low-rise apartment building in one of Manhattan’s most sought-after neighborhoods. The property’s combination of location, market appeal, and investment potential makes it an excellent addition to any portfolio.
Contact us today to learn more or schedule a private tour!
