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USANYNew York361 Broadway
View of property exterior with fence and brick siding | Image 1
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$1,350,000

363 - 361 Broadway, New York, NY

Real Estate

For Sale

$--,---,---
1040
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes $8,800
Days Active 8
Lot Size 
Approx. Age 1931
MLS® Number 863532

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
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Walk Score®
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No Data
Transit Score®
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Bike Score®
MLS® Number863532
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1931
Basement
Driveway
Garage Spaces
HeatHot Water, Other
A/CNone
Heating Fuel

Extras

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