80 W 120th St, New York, NY 10027

1031, cash or 50% down buyer Motivated seller Multi-Family 4-story building (100 X 20) in Historic Mount-Morris Park. This 4,850 square-foot residential space, includes a 7’10" X 13’4" extension for the first, second, and, third floors. The building consists of a ground floor and a garden-level duplex that is currently occupied, with the lease expiring. Lease is the free market. The Upper floors rentals apartments were renovated in approximately 2013, configured as a two-bedroom (3rd floor), and a very large one-bedroom (4th floor). The third-floor apartment includes an extension (7’10" X 13’4") that could be used as office space. The Duplex unit (ground floor/20’ X 24’ Garden and First floor) consists of 3 huge bedrooms, office space, and 3 bathrooms, in original condition. New Windows, Gas heating, excellent Maintenance and Taxes are about $9,600 total for the year The current rent roll is way below market and comes in at a 5% cap as is, and can easily achieve a 7% Plus cap rate with market-rate rents. All units with 13' Ceilings and Washer Dryer in unit. Tenant pays all utilities All units are renovated and the building can easily be converted to condos.