361-363 Broadway

New

$1,350,000

10 Beds 4 Baths
361-363 Broadway New York, NY

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$8,800   (2024)
$ /sqft
-
Tenant Occupied
No
Parking Space
1
Building
-
On market
2 days
$ /sqft
-
Type
other
Year Built
1931
Unit
-
Zip Code
10310
Ref./MLS ID
KEY863532

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 replacement property be identified within 45 days and acquired within 180 days of the sale.  Both the relinquished and replacement properties must be held for investment or business purposes to qualify.  Needs 24 hour notice for showings.  


Data is provided by OneKey MLS.

Listed on May 16, 2025 by David Rivera from Neuhaus Realty Inc, this other is for sale. 10/4 other for sale in New York listed at $1,350,000, Reference KEY863532

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