Compass has been retained on an exclusive basis to arrange the sale of 517 W. 158th Street, a vacant value-add building with approved plans for a four-unit renovation as well as an additional 3,811 SF of air rights. 517 W. 158th can be sold individually or along with 515, 519, and 521 W. 158th Street -- three renovated 3-unit fully free-market buildings totaling ~10k SF with an additional ~12k SF of air rights. All together, 515-517-519-521 W. 158th Street would total 13 units over 13,309 SF with 15,783 SF of air rights. Additionally, 517 W. 158th has an assumable loan allowing a buyer to put down less than 20% and take over a 4.72% interest loan in a difficult financial market. Please reach out with any questions about 517 W. 158th or the portfolio as a whole.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.