Listings

West 152nd Street

Harlem, Manhattan, NY 10031
For Sale
$2,950,000
6+ Bedroom / 3 Bathrooms / 3,349 Sq. Ft.

Listing Description

This two family home is sold as is : furnished with tenant lease expired end of Nov 2017 (possible to renew if needed) or delivered vacant as of Dec 1st 2017. Best income generating property: live in one apt and earn extra income from Airbnb or vacation rental business.

Can you imagine the resell value for another 1100+ sq ft enlargement rights to this palatial home? Based on a professional assessment report this property values at $1100+per square feet. Current asking price is below market value for over market rental income. It is priced for a cash and quick sale. This is a gem for seasoned investors or smart home buyers who know the micro real estate market in up and coming pocket in upper Manhattan.

This palatial, furnished homestead is currently configured as two-family home (i.e. extra income for mortgage payment): one bedroom Garden apartment and sumptuous four bedroom (convertible five bed) two bath Triplex. Both apartments have original detailing, in-unit washers & dryers, and access to a lovely spacious garden in the rear of building. This home is updated in 2015 and still in great condition and can be easily converted back into a one family home if needed. Otherwise, purchase this as a income generating investment property with a current lease of rent roll of $8000 per month (above market rate) for both apartments and with low taxes which makes this townhouse is a desirable investment.

The Garden Apartment is a one bedroom apartment featuring new kitchen appliances, in unit washer dryer and a private deck that leads into the beautiful garden. The Triplex begins on the parlor level and contains beautiful original details with craftsmanship that's hard to replicate. The Triplex has been updated with recessed lighting and built in speaker system. Ornate high ceilings in the entryway leads to a formal gallery where you can receive your guests. The formal dining room features a wonderful fireplace with beautiful tile work. This room can also serve as a living room. The eat-in-kitchen features exposed brick work and full chef grade stainless steel appliances. From the kitchen, you can barbecue on your private outdoor deck or simply enjoy the quiet garden view. The second level of the triplex had a luxurious bath with a cast iron clawfoot tub!! There are two XXL bedrooms big enough for king size bed or two queens plus a large desk and sofa. The original fireplaces and mantels are restored in pristine condition. In each of those bedrooms has 2 closets, one large walk-in closets and one regular size. All bedrooms are flooded with natural light! The third level of the triplex features a bedroom with an ornate fire place with adjacent room which can be used as a nursery or a walk in closet. The washer and dryer is located in an extra large laundry room which can easily be combined with the walk in closet to create an extra bedroom if needed. A second bedroom is on this floor features.

Contact to schedule a showing!

Amenities

  • Laundry in Unit
  • Private Outdoor Space
  • Microwave
  • Hardwood Floors
  • Pets Allowed

Listing Details

Listing ID
2040922
Property Type
Multi-family
Monthly Taxes
$2,852
Pet Policy
Pets Allowed
Expousure
South
Building Type
Townhouse

Location