- For Sale $10,000,000
- Property Type Mixed Use
- Property Size 29,436 SF
- Units 44
- Lot Size 6,800 SF
- Cap Rate % 8.72
- Zoning R7A/C2-4, 125th
- # of Floors 6
- Year Built 1926
- Date Updated Jul 21, 2026
Description
$340 / SF $208,333 / Unit 8.72% / Proforma Cap Rate 6.75 / Proforma GRM
Strategically situated on the north side of West 125th Street,
perfectly positioned between Amsterdam Avenue and Broadway.
48-unit, mixed-use building featuring 17 free-market units, 27 rentstabilized
units, and 4 commercial spaces.
This asset offers a diverse residential mix consisting of 14 onebedroom,
17 two-bedroom, 12 three-bedroom, and 1 four-bedroom
units.
Free-market units account for 40% of the property's total rental
income.
Generating approximately $1,100,000 in gross annual income, the
property presents a compelling value-add opportunity through unit
renovations, market rent appreciation, and vacancy reduction.
Excellent proximity to Columbia University supports sustained
student housing demand while benefiting from continued
neighborhood transformation and market rent appreciation.
Expansion of Columbia's Business School, coupled with reduced
graduate housing and the phase-out of rent-regulated student
units, is expected to drive demand for nearby off-campus
apartments.
Located one block from the 1 subway line and only three blocks
from the A, B, C, and D express lines.
False
Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors