Multi-family

Introducing 323 West 100th Street, an exceptional investment property located in Manhattan’s vibrant Upper West Side. Priced at $4,600,000, this 2-star townhome apartment building offers investors a lucrative opportunity with its strategic urban location and market-rate rental potential.

Property Overview:

• Address: 323 West 100th Street, New York, NY, 10025
• Sale Price: $4,600,000 ($511,111/Unit)
• Property Type: 2-Star Townhome Apartments
• Location: Urban
• Units: 9
• Stories: 5
• Building Class: C
• Gross Building Area (GBA): 6,942 SF
• Typical Floor Area: 1,388 SF
• Buildings: 1
• Units per Area: 194/AC
• Market Segment: All
• Rent Type: Market

Key Features:

• Prime Urban Location: Situated in the desirable Upper West Side, the property benefits from proximity to parks, dining, shopping, and excellent public transportation, ensuring high tenant demand.
• Steady Income Potential: With nine market-rate rental units, this property offers consistent cash flow and the potential for future rent growth.
• Solid Building Design: Spanning five stories, this Class C townhome apartment building boasts a Gross Building Area of 6,942 square feet, with a typical floor area of 1,388 square feet, providing a versatile layout for tenants.
• Investment Appeal: The property’s urban location, competitive price per unit, and solid rental potential make it an ideal choice for investors seeking to expand their portfolio in a thriving market.

Conclusion:
323 West 100th Street represents a rare opportunity to acquire a multi-unit residential investment property in one of New York City’s most dynamic neighborhoods. With its prime location, market-rate rentals, and potential for income growth, this property is an excellent addition to any real estate investment portfolio. Don’t miss the chance to own a piece of Manhattan’s coveted Upper West Side.