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308 E 109th Street

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308 E 109th Street
21-unit Manhattan Multifamily | Value-add
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$9,800,000 Sales price
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$397/SF Price per Ft
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7.6% Cap Rate
  • Luxury Units: 20 apartments, 700-1,300 sqft, with oversized windows and panoramic views
  • Luxury Features: King-size bedrooms, Juliet balconies, modern kitchens, high-end finishes
  • Upscale Amenities: Gym, virtual doorman, roof deck, lounge, bike room, private storage
  • Value-Add Opportunity: Current average rents at $59/sqft, with potential for upside in rents
  • Prime Location: Nearby parks, restaurants, cultural attractions, easy access to shopping and entertainment
  • Excellent Transportation: Grand Central 20 minutes away, proposed 2nd Avenue subway stop nearby
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Lev Mavashev Managing Principal
212.658.0955 lev(at)alpharealtyny(dotted)com
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Yehuda Leser Senior Director
212.658.0826 yehuda(at)alpharealtyny(dotted)com
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