Marie Apartments
48 Unit Apartment Building | $7,700,000 ($160,417/Unit) | 7.14% Cap Rate | New York, NY 10034
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $7,700,000
- Property Type
-
Multifamily
- Square Feet
- 40,374 SF
Listing Contacts
Robert Shapiro
Verified Profile
Ian Brooks
Verified Profile
Nicholas Kontos
Verified Profile
- Property Info
Property Overview
CBRE has been retained on an exclusive basis to arrange for the sale of 125 Seaman Avenue. The subject property is a 6-story, 42,108 square foot, 48 unit multifamily property. The building is on the south side of Seaman Avenue between West 204th and 207th Streets. The property boasts 100’ of frontage along Seaman Avenue and is on a 100’ deep lot. There are 48 residential units. The property has tremendous upside with approximately $86,000 of annual preferential rents. Many apartments have been renovated under current ownership.
Located on a quiet residential block of Inwood, 125 Seaman Avenue is just blocks away from Inwood Hill Park, Fort Tryon Park and New York Presbyterian Hospital. The area is also home to a variety of bars, restaurants, coffee shops.
125 Seaman Avenue is just two short blocks away from the Inwood-207th Street A Train station and 6 blocks away from the 1 train . The property also benefits from its proximity to the University Heights Metro North Station and the Henry Hudson Parkway, providing a fast commute into Manhattan, New Jersey, Westchester and upstate New York..
Located on a quiet residential block of Inwood, 125 Seaman Avenue is just blocks away from Inwood Hill Park, Fort Tryon Park and New York Presbyterian Hospital. The area is also home to a variety of bars, restaurants, coffee shops.
125 Seaman Avenue is just two short blocks away from the Inwood-207th Street A Train station and 6 blocks away from the 1 train . The property also benefits from its proximity to the University Heights Metro North Station and the Henry Hudson Parkway, providing a fast commute into Manhattan, New Jersey, Westchester and upstate New York..
Property Details
- Class
- C
- Year Built
- 1928
- Stories
- 6
- Lot Size (sq. ft)
- 10,019 SF
- Units
- 48
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