323 100Th StNew York, NY 10025

Property Details for 323 100Th St

Year built

1910

Lot size

0.05 AC

Property size (Sq ft)

6,942 SF

Zone code

R8B

Property type

Residential income homes

Property subtype

Serviced apartments

APN

01889-0009

APU

18890009

Description

This 9-unit apartment building at 323 West 100th Street, New York, NY 10025, offers a compelling investment opportunity. The 6,942 square foot, five-story building, constructed in 1910, boasts a classic Renaissance-revival style within a 20-foot wide lot (2,018 sq ft). Recent upgrades include a new boiler, roof, backyard, and common areas, preserving the original historic woodwork and detailing. Currently vacant, this property presents a blank canvas for immediate income generation. The R8B zoning allows for 1,130 square feet of additional development rights. Located in the Riverside-West End Extension II historic district, the building benefits from its proximity to Riverside Park, the Hudson River, and the 1 train at 103rd Street. The asking price is $4,600,000, translating to $511,111 per unit and $662.63 per square foot. This prime Upper West Side location, adjacent to Riverside Park and near the Broadway commercial corridor, ensures strong rental demand and future appreciation potential. The building's excellent condition and recent renovations minimize immediate capital expenditures, making it an attractive investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $1,423,173

  6.5%

  $1,313,698

  7%

  $1,219,862

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,405,915

  Geo Method

  $1,405,915

• Alternative Use

  Use

  Valuation

  Residential

  $1,313,698

  Hospitality

  $1,203,340

  Educational

  $1,001,165

  Medical

  $1,035,597

  Retail

  $1,557,368

Location Insight

City

New York

County

New York

State

New York

Latitude

40.7985

Longitude

-73.9723

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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