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[PublicRemarks] => Welcome to 501 West 156th Street #25 — a charming two-bedroom apartment located on the second floor of a well-maintained HDFC cooperative in the heart of Washington Heights. This bright and inviting home features hardwood floors throughout, soaring high ceilings, and windows in every room that fill the space with natural sunlight.
The apartment offers two generously sized bedrooms, a pleasant full bathroom, a stylish kitchen with washer/dryer setup, and a separate living room designed for comfortable living and entertaining. The spacious living area showcases a beautiful exposed brick wall and offers ample room for a dining area, home office setup, or additional seating space.
Situated in a vibrant Manhattan neighborhood, the property is conveniently located near Columbia University Medical Center, NewYork-Presbyterian Hospital, Highbridge Park, and the scenic Hudson River Greenway. Residents enjoy easy access to a variety of local restaurants, cafes, grocery stores, and shopping along Broadway and Amsterdam Avenue. Commuting is effortless with nearby access to the A, C, and 1 subway lines, providing quick transportation throughout Manhattan and beyond.
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)
[5] => Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty Object
(
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[post_author] => 1
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[RFModificationTimestamp] => 2026-06-17T17:51:49Z
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[PublicRemarks] => <p> Turnkey multifamily investment - 281 23rd Street is a beautifully-maintained masonry pre-war building spanning approximately 8,492 square feet above-grade. The building hosts 12 apartments, eight of which are configured as 2 BR, while the remaining four are 1 BR. The building is being offered for sale for the first time in almost 40 years. Current ownership has taken long-term care of the property, offering new ownership a turn-key cash flowing asset. Core asset with consistent cash flow and future upside - All apartments are rent-stabilized and leased. The asset currently generates over $270,000 gross annually. Average AGI/NSF is $34.61, equating to an average monthly rent of $1837 per apartment, this is approximately 75% of market rents of comparable rentals in area. This allows future investors to take advantage of immediate rental income on day one with virtually no work, while retaining substantial long-term upside as units are brought to market rate over time. Ideal location with multiple amenities - R subway station at the 25th Street station & the Prospect Avenue station (D, N, R, W trains). There are several markets, banks and convenience stores along with dozens of cafes and restaurants in the immediate area along 5th Avenue retail corridor. The location provides direct commutes to Manhattan and Brooklyn via these lines. Ideally positioned for quick access to the major highway interchange of I-278 (Gowanus Expressway) and NY-27 (Prospect Expressway).</p>
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