About this property
Introducing 307 East 119th a gorgeous 12 family right off second avenue in the heart of harlem. This investment opportunity is one you don’t want to pass up on. Each of the 12 large studio apartments is in immaculate condition as well as the common areas basement & backyard. Everything up to code the building has been weatherproofed and the front facade of the building is brand new. Brand new boiler & approved plans for laundry room for the tenants. All the tenants pay rent on time with 7/12 units being FM.
RR: 180,600
EXP: 56,500
7% Cap Rate
Listing Courtesy of Nathaniel Smith, Yaniv Grinberg, Daniel Mahgerefteh