1984 Madison Avenue is a 5,500 sq. ft., legal 4-family building. The property is 20-feet wide and 55-feet deep, with 5 stories, located in Central East Harlem, just blocks away from the 125th Street corridor. The property must be owner-occupied until 2023. Owners unit is currently vacant, in move-in condition, fully reconstructed in 1998. This property is configured as four distinct apartments, including the owner's duplex with 3 spacious bedrooms, 2 bathrooms, laundry/utility room, a full basement, 30 feet deep, offering plenty outdoor space. There are 3 rental units, which are floor through apartments, 2 bedrooms and 1 bathroom each floor, with market rent leases. 1984 Madison Ave. is an excellent value based on recent comps: * Location: Madison Ave between 126th & 127th Street, * A few minute's walk to most subway lines and Metro North, * 125th Street shopping corridor, Whole Foods (coming Winter 2017), Harlem's Restaurant Row, markets, cafes, nightlife and more. Deed delivered with owner occupancy requirement, which expires in 2023 FREE MARKET RENTAL APARTMENTS * NOT AN SRO Building: 20 X 55 Stories: 5 Building Sq. Ft: 5500 Current FAR: 3.24 Lot: 20 X 85 Lot Sq. Ft: 1700 Max FAR: 3.44 Tot Avail Sq. Ft: 5848 Air rights: 348 Use: 4 Family CONH N.A. Historic District: N Landmark: N Zoning: R-72 * R.E. Taxes: $18,619 * Taxes before Star Exemption
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
