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In-PersonVirtual Tour

Sun

Jun

Mon

Jun

Tue

Jun

Bill Bekisz

william@wjfny.com +1(718) 757-1044

Listing Courtesy of Douglas Elliman Real Estate

$ 1,776,655

Est. payment | -/mo

8 Beds

8 Baths

Save

$ 1,776,655

Est. payment | -/mo

Save

8 Beds

8 Baths

OPEN HOUSE

Sun Jun 15, 12:00pm - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision South Harlem

MLS Listing ID RLS20003175

Style Walk-Up

Bedrooms 8

Full Baths 8

HOA Fees $2,706/mo

HOA Y/N Yes

Year Built 1909

Property Sub-Type Triplex

Property Description

incredible cash flow During due diligence with current offers we uncovered additional Approved Rent Increases for Capital Improvements that will boost the cash flow. also over the last couple weeks they have been working on upgrades to the market rate units which have bumped their projected market value as well. Rare that more time and more questions uncover more value but this is a lucky case for the next owner. Sensational Deal on the Marcus Great Cap RATE over 9.6% Please Call to request full financials and to schedule access Last showing will be Sunday 6/15 by appointment from 12:00-1:00 We are also showing by appointment up until Sunday at 1:00 Initial access to 1 unit, the common areas and the mechanicals. Final bids due 4:00 Sunday 6/15. Contracts will go out to winner Monday and the will have greater access with an inspector during the week of due diligence,.

Location

State NY

County New York

Building/Complex Name The Marcus

Rooms

Basement Other

Interior

Cooling Central Air

Fireplace No

Laundry Building Other

Exterior

Exterior Feature None, Private Outdoor Space Under 60 Sqft

View Y/N Yes

View City Lights, City, Park/Greenbelt, Panoramic

Porch None

Private Pool No

Building

Story 5

Entry Level Tri-Level

Level or Stories Tri-Level

New Construction No

Others

Ownership Rental Building

Monthly Total Fees $2, 706

Special Listing Condition Standard

Pets Allowed Building Cats OK, Building Yes, Cats OK, Yes

RLS Data display by WJFNY

5 E 124TH Street #BUILDING Manhattan, NY 10035