Mezza
US - Jacksonville, FL
440 units
Asset description
JLL has been retained on an exclusive basis to arrange for the sale of 502 West 170th Street, a 50’ wide, walk-up apartment building located on the south side of West 170th Street between Amsterdam and Audubon Avenues in the heart of Manhattan’s Washington Heights. The 5 story building is comprised of ~16,350 Sq. Ft. and configured as 20 apartments of which 65% are eligible to rent at market. The units consist of 9 Free Market, 4 Rent Stabilized Market, 5 Rent Stabilized and 2 Rent Controlled apartments.
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Attributes
Year built
1907
Building area Gross
16,350 sf
Media
Investment highlights
50’ of frontage
Excellent location 2 blocks from Presbyterian Hospital & Columbia University School of Nursing
Assumable Financing $2.95M, 3.45%, 4/2029
Light Value Add
Post-COVID Rental Growth
Access to 1, A, C Trains on Broadway
Steps from Highbridge Park
Contact brokers
502 West 170th Street (0 Properties)
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Last updated
Nov 30, 2022
