Joe Cruz & Jimmy Brett of COMPASS have been retained on an exclusive basis to arrange for the sale of 509 W 150th Street. The subject property is a 15' x 61' brownstone, a 4-story walk-up. The building square footage is 3,564. Located on a beautiful tree-lined block on West 150th Street between Amsterdam Avenue and Broadway in the Sugar Hill / Hamilton Heights section of Harlem. Currently configured as a legal four-family dwelling, there's no end to the possibilities for this desired investment opportunity on a 15-foot by 93-foot Lot, this property is conveyed with 929 square feet of air rights available. Bring your architect / contractor and create a profitable investment opportunity as a rental building or condo conversion. All Units are currently set up as 2 bedroom apartments. Actual Rent Roll: Unit 1 - $2,000 (Lease Expires January 2019) Unit 2 - Vacant (Needs Gut Renovation) Unit 3 - $1,600 (No Lease/Month to Month) Unit 4 - $200 (Rent Controlled Tenant) Yearly Expenses: ( Estimated ) Taxes: $10,400 Water/ Sewer = $ 2,000 Insurance = $2500 Fuel = $5000 Electric = $ 1000 Super = $3000
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.
