3155 35th Street New York, NY 11106

Building Details

Year Built

1925

Listing office Amorelli Realty

Listing date May 14, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Amorelli Realty

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Investment Insights

Based on property information with market context.

This is a six-unit apartment building featuring renovated apartments and potential for increased rental income. Currently, 50% of the units are free market. The property has one vacancy. The gross annual income is $210,000, with $50,000 in expenses, resulting in a net operating income of $160,000. The capitalization rate is 6.4%, with opportunities for further rent increases. The building is reported to be in good condition.

Key Highlights

• High 6.4% CAP Rate
• $160k Net Income
• 50% Free Market Apartments

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FAQs

What type of property is this?

Apartment building - Six-unit apartment building with renovation and income potential.

Where is this apartment building located?

The property is located at 3155 35th Street New York, NY.

What is the asking price?

The asking price for this property is $2,490,000.

What are key features of this property?

This property features: High 6.4% CAP Rate; $160k Net Income; **50% Free Market Apartments**