Manhattan Ave. & Morningside Ave.
360 West 119th Street is a 25'-wide South Harlem walk-up apartment building with 14 free-market, recently renovated units spanning approximately 11,700 square feet. With a net operating income of approximately $240,000, the cap rate at ask is roughly 4%. Given the high rent roll, this property offers an ideal investment opportunity steps from Columbia University, Morningside Park, the Apollo Theater, public transportation, and some of the best restaurants in the City.
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