747 St Nicholas Ave New York, NY 10031
- Apartment buildings
- 6,562 SF
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Corporate Campus / Wholesaler
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 747 St Nicholas Ave
- Property size
- 6,562 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents a 4-story plus lower level mixed-use building located at 747 St Nicholas Avenue in Harlem, New York. Spanning approximately 6,562 square feet, the property comprises 12 Class B single-room occupancy (SRO) apartments and one Class A apartment. A ground-floor restaurant space adds further versatility. The building is being delivered entirely vacant, offering immediate potential for renovation and repositioning. Situated on the west side of St. Nicholas Avenue between 147th and 148th Streets, this property enjoys unparalleled convenience, being steps away from the A, C, B, and D subway lines. The asking price is $2,850,000, translating to approximately $219,230.77 per unit and $434.32 per square foot. This presents a unique chance to acquire a well-located multifamily asset in a rapidly developing neighborhood with significant upside potential. The property's zoning and potential for future development should be independently verified. The building's class is designated as B, with the exception of one Class A apartment. This property is offered as-is.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9436
- Latitude
- 40.8256
