456 West 167th Street, Unit 1MA
456 West 167th Street, Unit 1MA
$650,000
Studio
1
860
860
$756
Exclusive Expired
Description
Investment Unit – CAP RATE OF 5%!
Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI....Investment Unit – CAP RATE OF 5%!
Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI.
The current lease is at $3,500/month, increasing 3% annually for 4 years with an option to renew for another 5 years.
Landlord pays common charges of $588 per month, and annual taxes of $2,186.
Tenant is responsible for all other expenses, utilities, etc.
Total free cash flow is over $31k annually.
* Cap rate of 5%.
Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI....Investment Unit – CAP RATE OF 5%!
Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI.
The current lease is at $3,500/month, increasing 3% annually for 4 years with an option to renew for another 5 years.
Landlord pays common charges of $588 per month, and annual taxes of $2,186.
Tenant is responsible for all other expenses, utilities, etc.
Total free cash flow is over $31k annually.
* Cap rate of 5%.
Amenities
- Doorman
- Full-Time Doorman
- Part-Time Doorman
- Concierge
- Roof Deck
- Common Roof Deck
- Common Outdoor Space
- Gym
Location
LISTING UPDATED: 03/25/2020 09:57 AM
Property Details for 456 West 167th Street, Unit 1MA
Status | Exclusive Expired |
---|---|
Days on Market | 588 |
Taxes | $182 / month |
Common Charges | $588 / month |
Min. Down Pymt | 20% |
Total Rooms | 2.0 |
Compass Type | Condo |
MLS Type | Condominium |
Year Built | 2014 |
County | New York County |
Building
Location
Building Information for 456 West 167th Street, Unit 1MA
Building/ComplexEdgecombe ParcFloor1Stories7Residences49Pet PolicyAllowedYear Built2014Building AgePost-warBuilding TypeLowrise
Payment Calculator
$4,317 per month
The Payment Calculator is for illustrative purposes only.
Property History for 456 West 167th Street, Unit 1MA
Date | Event & Source | Price | Appreciation | Link |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 456 West 167th Street, Unit 1MA
Taxable ValueLand-Additions-Total-
Home Facts
APN1021111005
Schools near 456 West 167th Street, Unit 1MA
This home is within New York City Geographic District # 6.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 8 Luis Belliard PublicPK to 5 | ||
Ms 324 Patria Mirabal Public6 to 8 | ||
Ms 319 Marie Teresa Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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