Listing Agency: Rosewood Realty Group Show Phone

Listed By: Mike Kerwin · License #40KE1038789 Show Phone

Source: Moodyscre

Added: Feb 26, 2025 Changed: Oct 5 Last Checked: Oct 24 at 1:59PM

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Investment Insights

Based on property information with market context.

This five-story walk-up building includes 15 residential units, one commercial space, and one antenna. The property is located between West 122nd and West 123rd Streets. The building has a property size of 6,350 square feet.

Key Highlights

• Excellent 6.6% Cap Rate
• 15 Residential Units, 1 Commercial Space, and 1 Antenna
• Priced at $301 Per Square Foot

Property Analytics

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Open Analytics

Current Use

Zee Beauty Bar ... Hair Salon studio JPC Marketing & Advertising Zeelabelle llc Hair Salon Zee Beauty bar ... Hair Salon CAYO FITNESS Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,401

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-story walk-up building featuring residential, commercial, and antenna space.

Where is this apartment building located?

The property is located at 242 Malcolm X Blvd New York, NY.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Excellent 6.6% Cap Rate; 15 Residential Units, 1 Commercial Space, and 1 Antenna; Priced at $301 Per Square Foot