Invictus Property Advisors is pleased to present the sale of a twenty-six (26) unit multifamily building in the Manhattan Valley submarket of the Upper West Side.
The transaction closed for just under a 5% cap or $475/SF. Nineteen (19) of the units are free market and the sponsor plans on upgrading the asset to stabilize the income stream at a higher yield. The building is blocks away from Columbia University, allowing future ownership to benefit from an entrenched student housing market.
- 14,747
SF - 25
Units - 5.00%
Cap Rate - $475
PPSF - $172,725
ANNUAL TAX BILL
![215 West 109th Street 215 West 109th Street](/images/1/0/3/7/9/10379574f95701939f35fc78f93d235c70cd6aa5-215-west-109th-street-picture.png)
![215 West 109th Street 215 West 109th Street](/images/6/7/c/a/c/67cac0fb7df3b65bb9562c5bf1343c6eb90fd574-215-w-109th-st-new-york-ny-primary-photo.jpg)
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![](/images/1/0/3/7/9/10379574f95701939f35fc78f93d235c70cd6aa5-215-west-109th-street-picture.png)
![](/images/6/7/c/a/c/67cac0fb7df3b65bb9562c5bf1343c6eb90fd574-215-w-109th-st-new-york-ny-primary-photo.jpg)
INVESTMENT HIGHLIGHTS
exclusive agents
![](/images/6/c/f/b/a/6cfbaf43d801fd5b872eda6204213343f0c9c3d9-josh-final-for-website.png)
Josh Lipton, Esq.
Manhattan Office
212 596 7579
![](/images/e/9/d/0/4/e9d0408aca28ee116a3848b65e6daf5fe59b342d-andrew-final-for-website.png)
Andrew Levine
Manhattan Office
212 596 7570
![](/images/a/e/a/f/f/aeaffd06a6a9263638ff19a0bbe8788e0ebbfb27-jax-final-for-website.png)
Jax Hindmarch
Manhattan Office
718 701 1284
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