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10027 (New York, NY)

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152 West 122nd Street New York, NY 10027
8 Beds 4,387 Sq. Ft
5 Full Baths
Courtesy Of Brown Harris Stevens
MLS# 13853421
<b><u>Overview</b></u><br>A one-of-a-kind, turn-key investment opportunity for the savvy investor! This turn-of-the-century 4-family, 5-story-plus-cellar townhouse is a truly exceptional property! Newly renovated throughout and located in prime central Harlem, the property will be delivered vacant and ready for occupancy! Comprised of four apartments, this townhome is a superb income-producing property with an estimated yearly rent role of $148,800, equating to an annual rate of return of 4.25%. Located on a gorgeous brownstone block, the 4,387 square foot residence is 19' wide and 52' deep, built on a 19' by 100' lot. <br><br><b><u>Layout</b></u><br>1st and 2nd floors (duplex apartment): Gracious front courtyard, 2 bedrooms, 2 bathrooms, kitchen, living room, formal dining room, and a lovely, sun-filled garden. This apartment could easily function as a 3-bedroom home as well. <br><br>3rd floor: Living room, bedroom, guest room, kitchen, bathroom <br><br>4th floor: Living room, bedroom, guest room, kitchen, bathroom<br><br>5th floor : Living room, bedroom, guest room, kitchen, bathroom <br><br>All of the property's kitchens boast high-end stainless steel appliances, new custom wood cabinetry for ample storage space, and gorgeous Carrera marble countertops. The brownstone is further enhanced by lovely hardwood floors, oversized windows, loft-like 10 foot ceilings, excellent natural light, new mechanical systems, and a new sprinkler system.<br><br><b><u>Market Rents</b></u><br>Parlor-floor duplex: $4,900<br>3rd through 5th floor apartments: $2,500 per apartment<br><br><b><u>Stats</b></u><br>Annual Real Estate Tax: $19,195<br>Building square footage: 4,387<br>Building dimensions: 19 feet x 52 feet<br>Stories: 5 (not including cellar)<br>Lot square footage: 1,917<br>Lot dimensions: 19 feet x 100.92 feet<br>Max Floor Area Ratio (FAR): 3.44<br>FAR as built: 2.29<br>Maximum usable floor area: 6,594<br>Usable floor area: 4,390<br>Building class: N9<br>Certificate of
Amenities: Garden
Architecture Style: Other
Roof Type: Unknown
Rooms: Bedroom, Full Bath
MLS# 13273383
4-Unit brownstone on a beautiful tree-lined Harlem block. This townhouse boasts a deep lot with a lush garden and 4 floor-through renovated apartments on each floor. Each apartment includes a renovated kitchen and bath, hardwood floors as well as a W/D. There are updated mechanicals and each unit is separately metered for electricity and gas . All units are Free Market with leases expiring in 2016, representing great cash flow. Extremely low taxes at only $7390 per year. This represents a tremendous opportunity to purchase an investment property with great upside in a most vibrant section of Harlem. Harlem's thriving restaurant row and new and trendy retail stores are steps away, Whole Foods will be opening up soon on 125th Street and there's easy access to public transit.
Amenities: Garden
Architecture Style: Other
Roof Type: Unknown

10027 (New York, NY) Real Estate & Homes for Sale - 2 Listings Found

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