539 West 147th Street #1

Selling an eight (8) unit multi-family (walk-up) with eight rent-stabilized (RS) studio units. Projected 6.5% Cap Rate. This is an occupied building with 1 unit vacant, 1 tenant in eviction court, 6 tenants with leases. R6A zoning with 1,597 SF air-rights. Building is in very good condition, with new roof, new gas line, and consistent upkeep of all mechanicals and structure. New gas line and roof. Over 20 years with the same ownership. Property is located between Sugar Hill/Harlem and Hamilton Heights neighborhoods, on quiet, tree-lined 147th street. Building is two and half blocks from the 145th Street train station/# 1 train. Close to CCNY and a quick train ride to Columbia University and Yeshiva University. Located near Mamasushi, Harlem Public, Hamilton Bar and Sugar Hill Creamery in exciting up-and-coming area! Contact agents for financial set-up.