360 West 119th Street, New York, NY 10026 - Low-rise property

Detailed information about Low-rise property which situated in New York (10026) city, New York state on 360 West 119th Street.

Additional Information: Manhattan Residential Building for Salehttp://www.nestseekers.com/38782/harlem-manhattan-5-story-residential-building-for-saleGreat for investment. Tax BreaksFive Story Manhattan Walk-up residential building containing 14 residential apartments.The building contains a new gas fired central hot water heating system.Building was gut renovated in 2007 and has all new electric, plumbing, roof and paneled lobby.Tenants pay electric (including AC).Laundry Room,Garbage Room and 6 Storage Rooms are located in common area of the basement for Tenants use.The building is located one block from Morningside Park Park and three blocks from the 116th Street Subway (B & C).$4,500,000 (all cash over existing Mortgage)Existing Mortgage       $1,633,000Interest Rate:              4.25%Term:                         4 Years Due 02/2016 Amortization:               30 Year Schedule - Capital One BankBuilding Size:               12,000 gross square feetGross Income:             $329,940Operating Expenses:      $57,730Real Estate Taxes:         $51,205Net Operating Income   $221.005Howard HenzelVice PresidentNestseekers InternationalManhattan • LIC • Brooklyn • Miami • Hamptons • InternationalCell: [email protected] http://www.nestseekers.com/agent/howard-henzelhttp://www.nestseekers.com/agent/commercial-propertiesReferrals are appreciated!