Prime Manhattan Location. Proven Demand. Delivered Vacant. One-of-a-kind investment opportunity in Central Manhattan. Key takeaways include:
- Cap Rate 5%
- Ideally located just two blocks from multiple subway lines
- Surrounded by food markets, restaurants, and everyday conveniences.
- A major hospital is only one block away, making this property especially attractive to hospital staff
- Consistently strong rental demand with minimal vacancy.
Each apartment is equipped with split systems providing both heating and air conditioning for year-round comfort. The building features newly installed hot water boilers and a recently upgraded electrical system, offering peace of mind for investors.
Additional amenities include a coin-operated washer and dryer conveniently located in the hallway for tenant use.
Property can be delivered vacant, providing flexibility for repositioning, owner occupancy, or lease-up at current market rents.
Will sell fast!
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Listing Snapshot
Price
$4,550,000
Days On Site
16 Days
Bedrooms
N/A
Inside Area (SqFt)
3,015 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1920
MLS® Number
945725
Status
Active
Property Tax
$48,963
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Listing first seen on site
2 weeks ago
Listing updated with changes from the MLS®
General Features
Cross Street
2nd avenue
Direction Faces
North
Number Of Stories
3
Parking
Off Site
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
3015
Utilities
Cable AvailableCable ConnectedElectricity Available
Water Source
Public
Interior Features
Basement
Full
Cooling
ENERGY STAR Qualified Equipment
Heating
Electric
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Exterior Features
Construction Details
Brick
Community Features
MLS Area
None
School District
City of New York
Schools
School District
City of New York
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Beyond Property Group jerry@beyondpropertygroup.com
Based on information submitted to the MLS GRID as of 2026-05-25 06:46 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.