Residential investment opportunity in a desirable Central Harlem location near several popular restaurants, bars, shops, Morningside and Marcus Garvey Parks and convenient train options. This historic 4-story building offers 10 renovated free-market, 1-2 bed residential units. The building features renovated units with central air and in-unit laundry.
This sale is also being offered as a bundle in conjunction with two other Harlem residential buildings with free-market units, all with one blanket mortgage that can be assumed with the right buyer. Inquire for the offering memorandum with further details.
Property Information:
Desirable Central Harlem location near retail, Morningside and Marcus Garvey Parks and transportation options.
Residential building with 10 free-market units:
Units range from 1-bed to 2-bed layouts.
Lot Size: 25 ft x 100 ft
Building Size: 25 ft x 60 ft
Building square footage: 7,230
Electric all separately metered.
In-unit laundry.
Central air for all units.
Zoning: R7B, C1
4 Stories
Year Built: 1900
Brick/masonry construction
Block & Lot: 01754-0046
Property taxes: $55,969 / Annual
Offered at: $5,200,000
Offered also in conjunction with two other Harlem residential buildings with one assumable mortgage. Properties located at 2064 Fifth Avenue and 240 Lenox Avenue.
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.