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25-Unit Elevator Building | 68% Free-Market | Hamilton Heights

$6,950,000

605 West 141st Street, New York, NY 10031

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Last Updated: 02/13/2025

6.81

Cap Rate

31,674 sqft

Building Size

Details:
Cap Rate:    6.81%
Building Size:    31,674 sqft
Lot Area:    7,494 sqft
Units:    25
GRM:    8.11
Price Per Sqft:    $219
Price Per Unit:    $278,000
Zoning:    R8
Floors:    6
Highlights:
  • Prime Hamilton Heights location – 25-unit elevator building situated at the vibrant intersection of 141st Street & Broadway
  • Well-balanced & spacious Unit Mix – Featuring two (2) two-bedroom, five (5) three-bedroom, and 18 (4) four-bedroom residences, catering to a variety of tenant need
  • 68% of units are free-market, providing strong rental upside in a sought-after Manhattan neighborhood
  • Exceptional transit access – Just four blocks from the 145th and 137th Street subway stations (1 Train), ensuring seamless connectivity to Midtown and beyond
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