Luxury New Construction, 421a Tax Abatement, Prime 125th Street Location

69 East 125th Street, New York, NY

IN CONTRACT

$31,750,000

Price

6.01%

Cap Rate

80,393 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
6.01%
Building Size
80,393 sqft
Lot Area
10,788 sqft
Units
77
Year Built
2017
Price Per Sqft
$429
Zoning
C4-4D
Floors
12
Description

Bid Deadline:
Thursday, June 22nd, 2023

Highlights
  • Modern building constructed in 2017 with a 421a tax abatement until 2043
  • 12 story tower with unobstructed NYC skyline view and 6 story tower with quaint tree-lined street view
  • Block-through asset with towers on East 125th and East 126th Streets
  • Direct access to shared underground parking garage with room for 15 vehicles from both towers
  • 75’ of frontage along bustling 125th Street retail corridor
  • Condo style finishes in apartments with top of the line in-home appliances and beautiful engineered hardwood floors
  • Lifestyle amenities including security, gym, laundry, roof deck, courtyard, package room, and bike room
  • Extremely convenient location steps away from Metro North Railroad stop, 4/5/6 subway lines, 2/3 subway lines, multiple bus lines including M60/ M101/M125/M98 and major highways and thoroughfares
  • Prime East Harlem location in the vicinity of The Corn Exchange, One East Harlem, The Smile, New York Proton Center
Documents
Location
Gallery