We are thrilled to present this outstanding investment opportunity - a trio of buildings available for sale as a package deal. These three SRO buildings, comprising 12 units, 8 units, and 12 units, are nestled in the heart of East Harlem's most historic and sought-after neighborhood. Located at150/152and154 E.105th St, these attached buildings span over 40 feet in width and feature a sprawling backyard space. Moreover, they boast over8, 000sq ft of unused FAR (Floor Area Ratio), offering limitless potential and substantial intrinsic value. Currently, the buildings are home to a total of 32 rentable spaces, with approximately 75% occupancy. Leases vary between 12-month terms and month-to-month arrangements, providing flexibility for the future.
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The average household income in
New York, NY
grew
from
$60,879
to
$63,799
in the past year. This data is an estimate based upon
3,2M
households in
New York, NY. The chart below presents how household income is distributed in
New York, NY
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
New York, NY
compared to median property taxes around the country. The prevalent amount of property taxes in
New York, NY
equals
$3k+
, which is
more
than the national average.