Property summary
Welcome home to the unusually spacious 4A at the Bridge Condominium in East Harlem. This corner unit 1,300sf 2BR/2Bath condominium boasts an expansive living room spanning 24 feet, perfect for entertaining. Sunlight abounds through triple northern/western/southern unobstructed exposures, highlighted by the apartment's newly refinished dark oak wood floors. The windowed kitchen opens directly onto the separate dining alcove and sports granite countertops, opaque glass and oak cabinetry, and stainless steel appliances by GE Profile. Sleeping chambers are discretely situated to the north, with a luxurious master bedroom suite with ample room for separate vanity table, desk or sitting area. Windowed master bathroom features a glass shower stall and both bathrooms are lined with marble and ceramic. A separate windowed laundry room is conveniently located just off the foyer and includes additional closet space. The Bridge Condominium is an exclusive complex with only 12 apartments. The video intercom features 24-hr virtual doorman who also monitors the secure, private package room for deliveries. This package room also includes individual lock boxes, effectively allowing for key retrieval in emergencies just like a standard doorman bldg. This is a uniquely efficient location in East Harlem, sandwiched right next to the 4/5/6 express trains at 125th which arrive at Grand Central in only 3 stops. Also nearby is The East River shopping plaza with Costco, Target, Marshalls and Aldo. The neighborhood is in an obvious state of revitalization, with Whole Foods, H&M, and many great restaurants at your doorstep. A 35-yr tax abatement ensures low monthlies which makes this a great apt for the investor as this unit would lease for around $4200 which yields an unusually high 4.5% cap rate.
Property profile
VerifiedCap rate & NOI
Current use
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Community Center Social Service Agency
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Foster Care Service Social Service Agency
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Church Mosque
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Garden Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the New York City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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