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150 Baxter Street, New York, NY, 10013

150 Baxter Street
$6,700,000

Key Information

Tot. SF
13,300
Lot Size
0.0816 Acres
Units
29
Type
Apartments
NOI
$439,094

Highlights

  • Vacant Units Delivered: Six (6) of the Twenty-Seven (27) Residential Units Delivered Vacant at Closing provides immediate value-add opportunity for a new owner to reposition units.
  • Upside Potential: Strong In-Place Cash Flow with Significant Upside Potential as Units 1, 2, 5, and 6 have been owner-occupied since 1971, presenting substantial rental upside upon vacancy or repositioning.
  • Generational Opportunity: First Offering in Over 50 Years is a rare opportunity to acquire a generationally held asset that has not traded in more than half a century.
  • Well Maintained: Exceptionally Maintained Building with ownership demonstrating consistent care and maintenance of the property over decades.
  • Prime Transit Access: Excellent Transportation Access conveniently located near multiple subway lines including the B, D, J, N, Q, R, W, Z, and 6 trains, providing easy connectivity throughout New York City.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017