Ideally located in a bustling section of Central Harlem

Description

CT Estates has been retained on an exclusive basis to arrange for the sale of 32 West 131th Street, a 5 story, 15 unit building. That property sits on 33.33ft x 99.92′ lot spanning 12,685 square feet across five levels. The building consists of 10 two- bedroom and 5 three bedroom units, with two vacant apartments and another possible vacancy. each unit features decorative fireplaces, hardwood floors with a spacious layout.

The property offers investors a unique opportunity to own a well-maintained building in one of Harlem’s most desirable neighborhoods with an annual rent roll of $365,350.91 and 3.59% cap rate with upward potential for additional income.

Ideally located in a bustling section of Central Harlem, a short walk to some of Harlem’s most famous restaurants and bars like Red Rooster and Sylvia’s, in addition to conveniences like Whole Foods Market. A short walk to the 2/3 Train at 135th street station..