Wonderful opportunity to purchase a four unit 5,800 square foot brownstone that has been in the same family since the mid 1920's. This is the first time the building is being sold with all existing leases either on a month to month basis, or expiring in the next couple of months. Opportunity exists to convert into a magnificent single family residence or live in the owner's duplex apartment while getting income from all or some of the 3 floor thru units above. 418 is situated on the south side of 84th street between First and York Avenues, a lovely tree lined block with predominantly single family or multi-unit townhouses. This property has been exceptionally maintained and has had many upgrades including new electrical, and new flashing on the roof. It is currently configured as follows: a 2,400 square foot duplex on the lower two floors consisting of four beds, and two baths, with private access to a 30 foot south facing garden. This unit has 13 foot ceilings on the parlor level, hardwood floors and a washer/dryer. This unit is currently on a month to month basis paying $7,000 per month. There are three floor thru apartments above, two of which are expiring at the end of April, 2016 (apartments 3 and 4), and one expiring at the end of August (apartment 5). All units are in very nice condition. There are high ceilings throughout and original mantles in all the units along with side lot windows facing East. Full dry basement. Gas heated. Zoned R8B. Floor plans and photos to follow soon.
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