97-105 & 107-119 Ellwood Street
97-105 & 107-119 Ellwood Street
Inwood, New York
2 Tudor style walkup buildings with 106 apartments and 5 stores combined
| Asking Pricing | $15,000,000 |
|---|---|
| Type | Multifamily & Mixed Use |
| Neighborhood | Inwood, New York |
| Properties | 2 Buildings |
| Size | 85,925 Square Feet |
| Stories | 107-119 Ellwood: Five Stories; 97-105 Ellwood: Six Stories |
| Units | 106 Apartments and 5 Retail Units |
Investment Highlights:
The portfolio consists of two Tudor style walkup buildings with 85,925 square feet in total. Built in the 1920s, the properties have 106 apartments and 5 stores combined. They are a short walk to Fort Tyron Park, Highbridge Park and Broadway. The properties offer easy access to Dyckman Street [1] and 190th Street [A] stations. There are preferential rents of $117,000 for an investor to recapture upon unit turnover.
Highlights:
- 2 Tudor Style Walkups | 85,925 SF total
- 106 apartments & 5 stores
- Nearby: Fort Tryon Park, Broadway, Inwood Hill Park, Isham Park, Baker Athletics Complex, University Heights Bridge
- Close to Dyckman Street Shopping and transportation (1 & A Train Stations)
- Asking Price: $15,000,000 ($141k P/Unit; 5.5% Cap; 8.6x GRM)
