453 152Nd St New York, NY 10031

This exceptional investment opportunity presents two pre-war walk-up apartment buildings located at 453 & 465 West 152nd Street in the vibrant Sugar Hill section of Hamilton Heights, New York. The property boasts a total of 54 units across 43,025 square feet, spread across two ten-story buildings, situated on a substantial 1.2696-acre lot. Currently operating at 98% occupancy, this multifamily asset offers a compelling blend of immediate cash flow and significant upside potential. 52% of the units are free-market, providing opportunities for rental increases. The diverse unit mix features a variety of sizes and layouts catering to a broad tenant base. Adding to the property's income stream is an antenna located on the roof of one building. The property's prime location offers convenient access to public transportation, with the A and C trains at the 155th Street station providing a quick commute to Midtown. The asking price is $6,500,000, representing a price per square foot of $151 and a price per unit of $120,370. The property's strong performance is reflected in its attractive 6.29% cap rate. This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a rapidly appreciating neighborhood with abundant amenities and excellent transportation links.