Compass has been retained on an exclusive basis to arrange the sale of 517 W. 158th Street, a vacant value-add building with approved plans for a four-unit renovation as well as an additional 3,811 SF of air rights. 517 W. 158th can be sold individually or along with 515, 519, and 521 W. 158th Street -- three renovated 3-unit fully free-market buildings totaling ~10k SF with an additional ~12k SF of air rights. All together, 515-517-519-521 W. 158th Street would total 13 units over 13,309 SF with 15,783 SF of air rights. Additionally, 517 W. 158th has an assumable loan allowing a buyer to put down less than 20% and take over a 4.72% interest loan in a difficult financial market. Pro forma and setup available upon request. Please reach out with any questions about 517 W. 158th or the portfolio as a whole.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
