Prime South Harlem Investment Opportunity – 276 West 113th Street
An exceptional multifamily asset located on a beautiful tree-lined block in the heart of South Harlem. 276 West 113th Street offers investors a rare opportunity to own a well-maintained, income-generating property just steps from Morningside Park, Columbia University, and the B/C subway lines.
Property Details:
Total Units: 8
(7) One-Bedroom Apartments
(1) Studio Apartment
Current Annual Rent Roll: $133,860
(Excludes live-in super’s unit)
Pro Forma Rent Roll: $157,860
(Includes potential $24,000/year if super’s unit is leased at market rate)
Annual Property Taxes: $7,622
Investment Highlights:
Stable Cash Flow with potential for increased income
Live-in super’s unit offers immediate upside for new ownership
Low annual taxes relative to gross income
High-demand rental location with long-term growth potential
Well-preserved prewar building with classic Harlem charm
Location Advantages:
One block from Morningside Park
Short walk to Central Park and Columbia University
Easy access to B/C and 2/3 subway lines
Surrounded by top restaurants, cafes, and cultural landmarks
In a rapidly appreciating neighborhood with strong tenant demand
276 West 113th Street presents a unique blend of stable income and future upside in one of Manhattan’s most dynamic and historic neighborhoods. Whether you're a first-time multifamily buyer or expanding your portfolio, this asset offers both security and opportunity.
Active
Price cut: $400K (10/22)
$2,200,000
276 W 113th St, New York, NY 10026
8beds
3,349sqft
Rental Unit
Built in 1900
-- sqft lot
$-- Zestimate®
$657/sqft
$-- HOA
What's special
Beautiful tree-lined block
- 81 days |
- 1,798 |
- 52 |
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