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- LoopNet Team
301 Saint Nicholas Ave
New York, NY 10027
351-357 West 125th Street · Build-to-Rent Property For Sale
·
38 Units
PROPERTY FACTS
| No. Units | 38 | Total Plot Size | 0.23 ac |
| Property Type | Build-to-Rent | Property Size | 45,945 sq ft |
| Property Subtype | Apartment | No. Floors | 6 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1926/1988 |
| Costar Property Class | B | ||
| Use Class | C4-4 - C4-4 Zoning is a General Commercial Contextual Zoning district in NYC. | ||
| No. Units | 38 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.23 ac |
| Property Size | 45,945 sq ft |
| No. Floors | 6 |
| Year Built/Renovated | 1926/1988 |
| Use Class | C4-4 - C4-4 Zoning is a General Commercial Contextual Zoning district in NYC. |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Kitchen
- Oven
ABOUT 301 SAINT NICHOLAS AVE , NEW YORK, NY 10027
Ariel Property Advisors is pleased to present 351-357 West 125th Street, a mixed-use elevator building, located on the northwest corner of West 125th Street and Saint Nicholas Avenue. Measuring 86' x 96' in dimension, this 6 story elevator building benefits from 100' of prime frontage on the West 125th Street retail corridor, and contains 45 units across 45,945 gross square feet. The apartment unit mix consists of five (5) 4-bedrooms apartments, seven (7) 3- bedrooms apartments, twenty-four (24) 2-bedroom apartments, one (1) 1-bedroom apartment, seven (7) commercial units, and one (1) super' s unit. Of the thirty-seven (37) residential units, twenty-six (26) are rent stabilized, eight (8) units are free market, and three (3) units are rent controlled. With residential rents currently at less than $23 per square foot, and multiple options available to maximize the property' s retail potential, 351-357 West 125th Street offers investors with an opportunity to capture significant upside in a highly desirable location. Northwest corner of West 125th Street and St. Nicholas Avenue
PROPERTY TAXES
| Parcel Number | 1952-0011 | Improvements Assessment | £2,177,552 |
| Land Assessment | £168,223 | Total Assessment | £2,345,776 |
PROPERTY TAXES
