The Reel

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255 Audubon Avenue is a 40’foot wide walk up apartment building, located on the east side of Audubon Avenue, between 177th& 178thStreets in Washington Heights. Containing 21 units (12 two-bedrooms & 9 three-bedrooms), with a very low average monthly rent per unit ($1,063), this well maintained property offers tremendous future upside potential. Currently, the property is renting at just $18.48 per net square foot in a market that can easily exceed the $30 per square foot level.

Click here for listing details.

Neighborhoods: Washington Heights/ Agents: Robert Shapiro