276 W 113th St Unit FAM, New York, NY 10026

Property Description

An exceptional investment opportunity to acquire an income-producing, eight-unit multifamily property in the heart of South Harlem. Located at 276 West 113th Street, this property sits on a charming, tree-lined block between Frederick Douglass Boulevard and Adam Clayton Powell Jr. Boulevard, just moments from Morningside Park and Central Park.The property is represented as 100% free market and offers the potential to be delivered substantially vacant, providing investors with flexibility to reposition the asset, establish new rental rates, and capitalize on the neighborhood's strong rental demand.The building comprises seven one-bedroom residences and one studio, with two apartments on each residential level from the basement through the third floor. A separate cellar accommodates boiler equipment and storage.Ideally situated near Columbia University, the property benefits from convenient access to neighborhood dining, cafés, shopping, and the B/C subway lines at 116th Street. Its desirable Manhattan location, combined with rental upside and potential vacancy, presents an attractive opportunity for investors seeking both immediate income and long-term appreciation.Annual property taxes are $10,146.64, approximately $846 per month, as reflected in the NYC Department of Finance's 2026-2027 bills.Please inquire for the current rent roll, operating expenses, and additional property information. Showings by appointment only. Photos have been virtually staged for illustrative purposes.