80 W 119th Street, New York, NY 10026

<p> 80 West 119th Street presents a rare opportunity to acquire a vacant Harlem townhouse with a clear path to creating substantial value.</p><p> Currently configured as a legal three-family, the property can be readily repositioned as a two-family residence, with conversion plans already available. For an end user, this creates the opportunity to design a larger owner's residence while retaining a separate income-producing apartment.</p><p> Perhaps most compelling is the potential equity upside. The property offers enough room at the current basis for a buyer to complete a thoughtful renovation while potentially remaining well below the value of comparable renovated townhouses, with recent sales in the surrounding area reaching approximately $3 million to $4 million.</p><p> Delivered fully vacant, the home already benefits from major plumbing and electrical updates and offers four floors of living space plus a finished basement. Existing features include a renovated garden level,...