Great Investment Property. Need TLC.
Discover the exceptional opportunity at 1451 5th Avenue, a three-family townhouse perfectly located between 5th and Madison Avenues. Enjoy the convenience of being within two blocks from the 2 and 3 subway lines at Lenox Avenue and 116th Street, with Central Park just a 12-minute walk away. This well-maintained townhouse features three apartments: First Floor: Spacious 2-bed, 1-bath unit with direct access to a serene rear yard, ideal for comfortable living or rental income. Second and Third Floor: Beautifully designed duplex with 3 beds, 1.5 baths, a welcoming porch, and a private parking space. The primary bedroom also has its own ensuite closet. Top Floor: Sunlit and renovated 2-bed, 1-bath unit. The building is meticulously maintained. Each kitchen has blended modernity with classic charm. The first-floor unit boasts a northwest-facing, light-filled living room, ample closet space, and a renovated, open kitchen extending into a spacious living area with backyard access off one of its bedrooms. The duplex offers a spacious living arrangement, including a large living room, open kitchen, separated dining area with access to a private porch, and three bedrooms upstairs, while the primary suite features a king-size bed and ensuite walk-in closet. The top-floor unit features an expansive living room and flexibility for conversion into a three-bedroom layout. Seize this opportunity to become part of the vibrant tapestry of New York City living.
Don't miss this incredible opportunity in historic East Harlem! This Corner 4-story brick building newly renovated to perfection. Located near 116th Street, East River Plaza, and amenities, it offers convenience and charm. With desirable zoning (FAR 7.52, R9A, C2-5, EHC/TA), this prime location will see increased value with the upcoming Q train station. The building has a new roof, separate utilities, and spacious 3-bedroom apartments with modern kitchens. Plus, it includes a retail store and 2 garages, making parking easy. In excellent condition, it offers strong cash flow and revenue potential. Whether you're an investor or seeking a great place to live, this East Harlem gem has it all. Must See!
The median home value in New York, NY is $689,700. This is lower than the county median home value of $1,296,700. The national median home value is $219,700. The average price of homes sold in New York, NY is $689,700. Approximately 9.12% of New York homes are owned, compared to 83.41% rented, while 7.47% are vacant. New York real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New York real estate agent to arrange a tour today!
New York, New York 10035 has a population of 113,916. New York 10035 is less family-centric than the surrounding county with 15.7% of the households containing married families with children. The county average for households married with children is 25.5%.
The median household income in New York, New York 10035 is $34,556. The median household income for the surrounding county is $79,781 compared to the national median of $57,652. The median age of people living in New York 10035 is 34.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 26.9 degrees. The average rainfall is approximately 47.65 inches per year, with 25.8 inches of snow per year.