Property being sold "As Is" One 1 bedroom apartment on first floor, 14 SRO's on 2nd, 3rd, and 4th floors. 1 full bath on each floor.
Property to be delivered as is, with tenants. All cash sale.
INCREDIBLE opportunity for investors or homeowners with a vision to revitalize this historical brown stone in South Harlem. Property is priced below market value and has tremendous upside potential. Sold AS-IS, with tenants - site unseen (due to lack of access to units). Cash offers ONLY - VERY motivated seller.
We are thrilled to present this outstanding investment opportunity - a trio of buildings available for sale as a package deal. These three SRO buildings, comprising 12 units, 8 units, and 12 units, are nestled in the heart of East Harlem's most historic and sought-after neighborhood. Located at 150/152 & 154 E. 105th St, these attached buildings span over 40 feet in width and feature a sprawling backyard space. Moreover, they boast over 8,000 sq ft of unused FAR (Floor Area Ratio), offering limitless potential and substantial intrinsic value. Currently, the buildings are home to a total of 32 rentable spaces, with approximately 75% occupancy. Leases vary between 12-month terms and month-to-month arrangements, providing flexibility for the future.
Welcome to 23 East 67th Street, a remarkable mixed-use building located on prime East 60s between Fifth and Madison Avenue. With a handsome neo-federal facade, the building offers a unique combination of four floor-through fine art galleries, one retail space, and a luxurious residential penthouse unit. With private-key locked elevators on all floors, this building ensures security and exclusivity for its occupants. The first floor of this versatile building features a spacious retail space encompassing 1500 square feet of open floor plan. With 11-foot high ceilings, the possibilities are endless for showcasing products and creating an inviting atmosphere. The retail unit also includes a 200 square foot-patio, ideal for outdoor seating, and a finished working basement of approximately 1000 square feet. From the second to the fifth floor, you will find four floor-through fine art galleries. Each floor offers a unique ambiance with varying ceiling heights, ranging from 9 feet 6 inches to 11 feet. These floor-through spaces provide approximately 1700 square feet of area on each level, offering ample room for artistic expression and creative displays. The private-key locked elevator ensures easy access to each floor, enhancing the convenience, privacy, and security of the galleries. On the sixth floor, indulge in luxurious urban living with the residential penthouse unit. This stunning duplex boasts not one, but two private outdoor spaces, allowing you to enjoy the serenity and breathtaking views. The penthouse features two bedrooms and two and a half bathrooms, all meticulously renovated with top-quality Italian finishes. The space is bathed in natural light, thanks to the spectacular wall of windows that creates a seamless connection with the outdoors. The private-key locked elevator adds an additional touch of exclusivity to this remarkable residence. In addition to the incredible features of the property, the building offers income-generating potential with a nice capitalization rate. Whether you choose to keep the existing layout or convert it into a single-family residence, this property presents an opportunity for both investment and personal enjoyment. Situated in the heart of the neighborhood, this property provides easy access to a wide array of attractions and amenities. Delight in fine dining experiences at renowned establishments such as Daniel, Bar Italia, Avena, and Match 65. Unwind in the vibrant cocktail and nightlife scene at Melody Piano Bar and Jacques. For shopping enthusiasts, the prestigious Madison Avenue hosts flagship stores of high-end brands including Valentino, Carolina Herrera, Oscar de la Renta, and many more. Grocery shopping and convenience stores are also within reach. Enjoy the abundance of recreational and fitness options nearby, including the iconic Central Park and fitness studios like Pilates Perfect Studio and Kevyn Zeller Pilates. Indulge in a cup of coffee, tea, or juice at the beloved Bel Ami Cafe. For those seeking exclusive social and private club experiences, The Lotos Club and The Explorers Club are within close proximity. Transportation is convenient with the nearby crosstown bus providing easy access to the West Side, including Lincoln Center, renowned for its cultural experiences such as opera, ballet, and the Philharmonic. The East Side Subway is just two blocks away, offering access to the entire length of Manhattan via the Number 6 train. Additional transportation options, including the Fifth Avenue and Lexington Avenue Buses, make downtown and uptown travel effortless. Don't miss this extraordinary opportunity to own a mixed-use building in a prime location, offering a combination of commercial and residential spaces. Experience the epitome of luxury, convenience, and potential income generation in this historic property.
Spectacular brownstone for sale near Columbia University.
A unique investment opportunity to own a 4100 sq. ft. four-unit multifamily walk-up, with approximately 19' of frontage on a quaint and quiet residential block in Central Harlem. Needs work the building has five (5) stories and includes a duplex unit on the parlor and garden floors and three floor-through units. There is also private outdoor space on the garden floor and third floor. This property is A Perfect opportunity for builder, developer or contractor, Building permits filed and approved. Electrical and Plumbing ruffing completed with most sheet rock. Perfect to live plus income or conversion into a high end two family on a tree-lined street just blocks away from Marcus Garvey Park and the Lenox Avenue retail corridor with renowned Harlem restaurants such as Red Rooster, Corner Social, and Sylvia's. 125th Street two blocks south has become Harlem's most exciting and rapidly developing retail corridors, future home of Whole Foods and other major retailers. Ownership has installed a brand new gas boiler and the building is separately metered for electric and gas. Since the property will be delivered vacant, future ownership will immediately be able to renovate and capitalize on the neighborhood's rapidly rising rents or high condo sellout values in the area. The building is within close proximity to the 2 and 3 subway lines on West 125th Street and Lenox Avenue, as well as many bus routes that canvas the area.
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 $1,199,250. This is higher than the county median home value of $756,900. The national median home value is $338,100. The average price of homes sold in New York, NY is $1,199,250. Approximately 30.01% of New York homes are owned, compared to 60.51% rented, while 9.48% 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 has a population of 8,736,047. New York is less family-centric than the surrounding county with 27.28% of the households containing married families with children. The county average for households married with children is 28.9%.
The median household income in New York, New York is $70,663. The median household income for the surrounding county is $67,753 compared to the national median of $69,021. The median age of people living in New York is 37.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 46.6 inches per year, with 25.3 inches of snow per year.