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$1,350,000
10 Beds
4 Baths4 full baths
6,156sqft
361-363 Broadway, New York, NY 10310
$1,350,000
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Quadruplex
Built in 1931
$-- HOA
5,000 sqft lot
$219/sq.ft
Description
This investment property presents a compelling opportunity for real estate investors, particularly those considering a 1031 exchange. Property Overview Type: 4-family residence with 2 commercial spaces and a detached garage. Condition: Sold AS IS, with existing tenants in place. CASH OFFERS ONLY. Potential Rental Income Three-bedroom units: 2,800-3,000/month. Two-bedroom units: 2,300-2,500/month. Commercial spaces: 1,500-1,800/month each. 1031 Exchange Considerations This property qualifies for a 1031 exchange, allowing investors to defer capital gains taxes by reinvesting the proceeds into a like-kind property within specific timelines. The IRS mandates that the replacem...
Continue Reading- Houzeo last checked: 16 Minutes ago
- Listing updated: May 17, 2025 at 9:01 am
- Listing Provided by: David Rivera (718) 979-3400 | Neuhaus Realty Inc (718) 979-3400
- Source: OneKey MLS-NY | MLS#: 863532
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1931
HOA Fees
-
Finished Area
6,156 sqft
Lot Size
5,000 sqft lot
Basement Area
- sqft
MLS Name
OneKey MLS
MLS Number
863532
MLS Status
Active
Days on Market
202
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