378-380 E 139th St | Multifamily Investment Opportunity
$2,200,000
378-380 East 139th Street, New York, NY 10454
For Sale
Multifamily
Unknown Sub Type
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
Documents:
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Offering Memorandum |
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Location

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