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Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6219589
Sold Date 02/22/23
Style Townhouse
Originating Board onekey2
Rental Info No
Year Built 1910
Annual Tax Amount $24,193
Property Description
Vacant and ready for an immediate sale! Located in the gold coast of the historic landmark of Hamilton Heights, on Convent Ave south of West 145th St, offered is a 3,681 square feet, 5 story, re-development opportunity. 20+/- feet wide by 57+/- ft built on a 20+/- by 100+/- ft lot this townhouse has a possible roof deck and a rear yard. 2,320+/- square feet of unused FAR. R6A zoning. In need of a full renovation and sold subject to existing DOB & ECB violations. Not an SRO. Videos provided upon request. Projected Rent: $3+/- per sqft per month x 3,681 sqft = $11,043 monthly income or $132,516 annual income (based on actual recent neighborhood rented comps). Projected annual expenses: $75,000+/-. Projected 4% cap rate. Walk to all including the A, B, C, D, #1 subway trains as well a Jackie Robinson Park, the Alexander Hamilton Grange in St Nicholas Park, Riverbank State Park, restaurants, supermarkets, and shops. Easy commute to Columbia University. Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County New York (manhattan)
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Eat-in Kitchen, Entrance Foyer
Heating Oil, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Oil Water Heater
Exterior
Parking Features On Street
Fence Fenced
Utilities Available Trash Collection Public
Amenities Available Park
Building
Lot Description Historic District, Near Public Transit, Near School, Near Shops, Views
Sewer Public Sewer
Water Public
Structure Type Manufactured,Stone
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Manhattan 6
Others
Senior Community No
Special Listing Condition None
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Bought with Douglas Elliman Real Estate