Tremendous upside potential to acquire this multi family building located on a tree-lined block in Historic Hamilton Heights.

Units:
- 8 total rental units (1 rent-stabilized)
- Four 1 bedroom units, four studios
- Most units have a dishwasher, and some laundry in unit

Investor Information:
- Rents are under-market, as is, and additional value can be created with adding appliances or modifying layouts
- Upon achieving market rents, cap rate will be 5.3%
- Potential condo-conversion play
- Expenses approximately $28,000

Building:
- Renovated in 2015
- New roof
- New intercom system
- Four total floors
- R6A zoning
- Building Size 4,000
- Lot dimensions 17 65 ft

Area:
- Historic Hamilton Heights area
- Subways: A C B D 1 3
- Parks: : St. Nicholas Park, Johnny Hartman Square, Frank White Neighborhood Service Center, Jackie Robinson Park, Bradhurst Urban Renewal Park
- Nearby colleges

Email or call for a set-up or a showing.





Property Details of 25 Hamilton Terrace, Unit *

Property Details

Utilities and Appliances

Map Location

Driving Directions

Listed by Allan Zapadinsky of Keller Williams NYC

Based on information submitted to REBNY as of February 3, 2023 1:35 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: