Fully Occupied Multifamily Generating Strong Cash Flow

For Sale

100 E 123rd St, New York, NY 10035

This New York property for sale is located at 100 E 123rd St. The current listed sale price for Fully Occupied Multifamily Generating Strong Cash Flow is $950,000. Fully Occupied Multifamily Generating Strong Cash Flow is situated on a lot that is 0.05 acre in size.

Contacts

Alexander Taic

Ariel Property Advisors

Victor Sozio

Ariel Property Advisors

Shimon Shkury

Ariel Property Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 6,125 SF
  • Units 10
  • Lot Size 0.05 Acre
  • Cap Rate % 9.31
  • Taxes / YR $37,555.00
  • Zoning M1-6/R10
  • # of Floors 4
  • Year Built 1920
  • Date Updated Aug 31, 2026

Investment Highlights

• 10 unit multi-family walk-up apartments with 3 bedrooms each
• Existing signage revenue boosting gross annual income potential
• Flexible M1-6/R10 zoning with 14,135 SF of unused air rights (20,260 Buildable SF MIH)
• Steps away from major national retailers (Trader Joe’s, Target, Sephora) alongside iconic neighborhood culture and local dining hotspots
• Located just two blocks from the 125th Street station (4, 5, 6 trains) for rapid Midtown and Downtown connectivity.
• Two blocks from the Harlem-125th Street Metro-North station, offering direct service to Westchester, Connecticut, and Grand Central Terminal.
• Construction is underway on the MTA’s extension of the Q Line to 125th Street & Lexington Avenue, creating a major multi-modal transit hub right in the immediate area
• Positioned near major transformative investments, including the expanding Apollo Theater, the National Black Theatre project, and the redevelopment of the Victoria Theater / Renaissance Hotel corridor

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Attachments

Getting around

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Location

  • City New York, NY
  • Neighborhood East Harlem
  • Zip Code 10035
  • Market Manhattan

Points of Interest

  • Harlem–125th Street

    0.13 miles

  • East 116th Street & Lexington Avenue at Northwest Corner

    0.33 miles

  • East 116th Street & Lexington Avenue at Northeast Corner

    0.33 miles

  • East 116th Street & Lexington Avenue at Southwest Corner

    0.36 miles

  • East 116th Street & Lexington Avenue at Southeast Corner

    0.36 miles

  • Lenox Avenue & 125th Street at Southeast Corner

    0.41 miles

  • Lenox Avenue & 125th Street at Northeast Corner

    0.42 miles

  • Lenox Avenue & 125th Street at Southwest Corner

    0.42 miles

  • Lenox Avenue & 125th Street at Northwest Corner

    0.43 miles

  • Lenox Avenue & 116th Street at Northeast Corner

    0.51 miles

  • BP

    0.32 miles

  • Shell

    0.54 miles

  • Mobil

    0.96 miles

  • ChargePoint

    1.86 miles

  • plugNYC

    1.93 miles

  • FLO

    2.22 miles

  • Tesla Supercharger

    2.64 miles

  • East River Plaza Garage

    0.73 miles

  • Edison ParkFast

    0.79 miles

  • Parking Lot E

    1.15 miles

  • MPG

    1.16 miles

  • Parking Lot F

    1.17 miles

  • Mount Sinai

    1.22 miles

  • Hamilton Grange

    1.32 miles

  • 153rd Street South Lot

    1.41 miles

  • 153rd Street North Lot

    1.46 miles

  • Astor Terrace Parking Garage

    1.50 miles

  • Efuru Guest House

    0.46 miles

  • Apollo Hotel

    0.56 miles

  • L-Hostels

    0.61 miles

  • Comfort Inn & Suites

    0.71 miles

  • Aloft Hotel

    0.72 miles

  • Park View Hotel

    0.72 miles

  • La Maison d'Art Private Gallery

    0.83 miles

  • Astor on the Park

    1.11 miles

  • Holiday Inn Express

    1.13 miles

  • Jazz on the Park

    1.17 miles

  • Wild Olive Market

    0.21 miles

  • Food Bazaar

    0.23 miles

  • City Fresh Market

    0.32 miles

  • Shop Fair

    0.38 miles

  • Whole Foods Market

    0.43 miles

  • Marshalls

    0.44 miles

  • Burlington

    0.45 miles

  • Fine Fare

    0.48 miles

  • Fine Fare Supermarket

    0.49 miles

  • Fine Fare Supermarket

    0.50 miles

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