$3,240,000
Active
90 days on market
172 E 112th St
📍 East Harlem, New York, NY 10029
18.0
Beds
18.0
Baths
1910
Year built
Multi-family
Type
About this property
20-Unit Mixed-Use Investment OpportunityAsking Price: $3,240,000 Current Actual NOI: $252,229.96 Current Cap Rate: 7.78% Pro Forma NOI: $282,229.96 Pro Forma Cap Rate: 8.71% Price Per Unit: $162,000PROPERTY COMPOSITIONResidential: 18 Rent-Stabilized ApartmentsOccupied Residential: 17 Apartments Currently Vacant Residential: 1 Apartment - 2DCommercial: 2 Ground-Floor Retail StoresTotal Units: 20PROPERTY DESCRIPTIONDouglas Elliman has been retained on an exclusive basis to arrange the sale of 172 East 112th Street, a 20-unit mixed use investment property located in East Harlem, Manhattan. The property consists of 18 rent-stabilized residential apartments and two ground-floor retail stores. Se
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Key facts
2,525 sq ft lot
Built 1910
Property details
Property typeMulti-family
Listing statusActive
Lot size2,525 sqft
Year built1910
Days on market90 days
MLS #RLS20108913
Estimated monthly payment
Listing price$3,240,000
Down payment (20%)$648,000
Loan amount$2,592,000
Principal & interest (7%, 30yr)$17,244/mo
Property tax (est.)$3,150/mo
Home insurance (est.)$1,350/mo
Estimated total$21,744/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.
