723 ST. NICHOLAS AVENUE

For Sale - Manhattan - Sugar Hill

$14,995,000

Net Operating Income: $671,439

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Key Details

Property Type
MultiFamily
Neighborhood
Sugar Hill
Property Dimensions
74.92 x 100.0
Property Area
33,780 sq.ft.
Total Units:
39
Stories:
6
NOI
$671,439
Price
$14,995,000

Listing Description

This property is an elevator apartment building in the highly desirable Sugar Hill residential enclave. The architecturally stunning property has a commanding presence on the northwest corner of West 146th Street. Investors have a generational opportunity to acquire an historic elevator property in a neighborhood where similar assets rarely come to market. The building is located next to Jackie Robinson Park and surrounded by an abundance of dining and entertainment options on the surrounding blocks. The 6-story, elevator building contains 39 apartments, of which 23 (59%) are Free Market.

Property Details

Block/Lot:
2061/29
Lot Dimensions
74.92 x 100.0
Lot Area
7,411 sq.ft
Zoning:
R6A / C1-4
FAR as Built:
4.56
Max FAR:
3.0
Shallini MehraMeridian Investment Sales
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