SOLD FOR $1,200,000
Listed at $1,399,000 · Sold 14.2% below asking · Closed October 30, 2025
$1,200,000
$233 per sq ft
Listed at $1,399,000 $-199,000 vs asking
10-53 115th Street
MLS® #RLS20010296
Listing by Modern Spaces
Studio
0
Bath
5,160
Sq. Ft.
1930
Year Built
Sale Details
Property Summary
Description
Well-Maintained Investment Opportunity – Strong Rent Roll & Low Expenses This well-maintained building offers a strong rent roll, low operating expenses, and upside potential. An extra unit in the basement adds to the possibilities, while a private outdoor space can be utilized as a common area for tenants. With an asking price at a 6% cap rate, this is a prime opportunity for investors seeking stable cash flow and future growth.
Property Details
Listing courtesy of Gregory Kyroglou at Modern Spaces. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.