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378-380 E 139th St | Multifamily Investment Opportunity

$2,200,000

378-380 East 139th Street, New York, NY 10454

Active
Last Updated: 09/29/2025

194,167

NOI

18,705 sqft

Building Size

Details:
NOI:    $194,167
Building Size:    18,705 sqft
Lot Area:    5,325 sqft
Units:    20
Highlights:
  • Low Basis: At the asking price, the price per unit is just $110,000 per unit and $118 per square foot
  • Protected Tax Class: 2B tax class limits tax increases to no more than 8% per year, or 30% over five years
  • Large Unit Layouts: Rear air shafts allow for large 3 bedroom 1 bathroom units
  • Public Transportation Access: Just blocks from the 4, 5, & 6 trains, with access to Grand Central within 25 minutes
Map:
Documents:
Title
Offering Memorandum
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Location
Gallery