+44 20 3608 1267

Apartment house in Manhattan with a 4,7% yield

2,320,000 €
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Total area: 348 m² Yield: 4.7%
  • Absolute return: 103,523 €
  • Land area: 230 m²
  • 3-floor building
  • Most recent total renovation: 2012
  • Total apartments: 12

It is an apartment house in Harlem, NYC.

Description

The three-storey building area of 348 m² situated on a plot of 230 m².

The house has 12 renovated apartments including kitchens, bathrooms and appliances. There is also a garden and full-height basement.

Last renovation has been performed in 2012 and now the building is in good overall condition.

Enhancements during renovation:

  • roof replacement;
  • replacing of the parapets and coping;
  • pointing, facade restoration;
  • skylight;
  • gutter and leaders;
  • boiler and burner, heat computer;
  • replacement of windows in all apartments.

Financial performance

Absolute income is 117,374 $.

The current yield of 4,7%.

Location

Columbia University, schools, supermarkets and public transport are situated in the immediate vicinity of the house.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in Manhattan
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