431 West 48th Street
431 West 48th Street
$3,899,000
9
8
6,560
6,560
$594
Temporarily Off Market
Description
Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month.
This is in a vibrant neighborhood brimming with multiple international hospitality options.
Plenty of room for the savvy...Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month.
This is in a vibrant neighborhood brimming with multiple international hospitality options.
Plenty of room for the savvy to reconfigure financially as well as structurally.
In-place Income - $206,664
2024 Income - $323,340
Contact me for income and expenses.
This is in a vibrant neighborhood brimming with multiple international hospitality options.
Plenty of room for the savvy...Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month.
This is in a vibrant neighborhood brimming with multiple international hospitality options.
Plenty of room for the savvy to reconfigure financially as well as structurally.
In-place Income - $206,664
2024 Income - $323,340
Contact me for income and expenses.
Amenities
- Hardwood Floors
- Walk Up
- Basement
- Back Yard
- Brownstone
Location
LISTING UPDATED: 04/29/2024 02:07 PM
Property Details for 431 West 48th Street
Status | Temporarily Off Market |
---|---|
Days on Market | 179 |
Taxes | $3,500 / month |
Maintenance | $3,541 / month |
Min. Down Pymt | 10% |
Total Rooms | 32.0 |
Compass Type | Townhouse |
MLS Type | Multi Family |
Year Built | 1901 |
Lot Size | 2,510 SF |
County | New York County |
Location
Building Information for 431 West 48th Street
Stories4Residences8Year Built1901Building Size25' x 100.42'Building Sq. Ft10,042 SFLot Size2,510 SFBuilding Age-Building Type-
Payment Calculator
$30,979 per month
The Payment Calculator is for illustrative purposes only.
Property History for 431 West 48th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 431 West 48th Street
Taxable ValueLand$323,550Additions$956,790Total$1,280,340
Home Facts
Total Finished SqFt6,560 SqFtLot Size2,510 SqFtYear Built1901ZoningR8APN1010580015
Schools near 431 West 48th Street
This home is within New York City Geographic District # 2.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 111 Adolph S Ochs PublicPK to 5 | ||
Middle 297 Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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