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456 W 167th St #1-MA |Upper Manhattan
$650,000
Studio | 1 Bathroom
Time on market: 461 days
Taxes/Maintenance: $770
Property type: Condo
Courtesy of Compass.
Investment Unit – CAP RATE OF 4. 9%! Attractive space available in a luxurious condo building: Edgecombe Parc in Washington Heights. 860 sqft space situated just a few blocks from the A, C and 1 trains. Offers easy access to anywhere in the city; less than 20 minutes to Times Square. Also near to other medical facilities, including Columbia University Medical Center and New York Presbyterian Hospital. Easy access to GWB and Cross-Bronx Expressway makes it easy for clients/patients coming from NJ or LI. The current lease is at $3,399/month, increasing 3% annually for 4 years with an option to renew for another 5 years. Landlord pays common charges of $588 per month, and annual taxes of $2,186. Tenant is responsible for all other expenses, utilities, etc. * Cap rate of 4. 9% more
AMENITIES

Bike Storage
Concierge
Elevator
Fitness Center
Pets Allowed
Pied-A-Terre Allowed
Outdoor Areas
Roof Deck
Washer/Dryer Allowed
Wheelchair Accessible
Full-Time Doorman
Laundry in Unit
Investment Configuration
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MORTGAGE CALCULATOR

Sale Price
Down Payment
%
Mortgage Payment:
Common Charges: $588
Monthly Taxes: $182

Total Monthly Payment:
Mortgage Amount $520,000
Term
30 Year Fixed
Rate
%