Multifamily property SOLD
|1661 Park Avenue|
New York, NY 10035
|Property Type||Walk-Up Building|
|No. of Properties||1|
|Lot Size||4,538 SF (Approx)|
|Lot Dimensions||50.42' x 90' (Approx)|
|Zoning Code||C2-4 (2.0) / R7-2 (4.0)* Wide Street Rule|
|Bldg Size||22,436 SF (Approx)|
|Bldg Dimensions||48' x 83' (Approx)|
|No. of Stories||6|
|No. of Units||37|
1661-1663 Park Ave is a 48’ by 88’, six (6) story walk-up building located on the northeast corner of Park Avenue and 117th street. The property contains thirty-four (34) residential units and one retail unit on the ground floor. The residential component consists of one (1) studio, twenty-six (26) one-bedroom, and seven (7) three-bedroom apartments.
The subject property is located on the northeast corner of East 117th Street and Park Avenue.
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein.