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195 Edgecombe Avenue

Townhouse located in Harlem, between West 142nd Street & West 145th Street

$1,825,000 ($729 per ft2) | 6 beds, 6 baths | Approx. 2,502 ft2
438 days on Market

Townhouse Facts

  • Year Built: 1901
    Minimum Down: 20%
    Total Floors: 3
    Listed: Oct 26, 2023
    Last Price Change: ($75,000) on Dec 31
    Days on Market: 438
    Building Type: Townhouse
    Neighborhood: Harlem (Manhattan)
    Listing viewed 300 times
Monthly Real Estate Taxes: $436
Total Taxes & Fees: $436 ($0.17/ft2)
Est. Monthly Mortgage: $9,762
Total Est. Monthly Carrying Cost: $10,198 ($4.08/ft2)
Note: the above is based on a down payment of 20% ($365,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Location and Building: This spacious townhouse is located in the vibrant neighborhood of Harlem, in a pre-war building built in 1901, adding a touch of historical charm.
  • Interior Design: The house has been renovated with vintage hickory flooring throughout, features 12’ high ceilings, crown molding, exposed brick, and beautiful original detailed woodwork including carved staircase railings and banisters.
  • Comfort and Convenience: The property is equipped with noise cancellation windows for a peaceful living environment, front facing bay windows on parlor level, original tier-on-tier wood shutters, and Spectrum Internet.
  • Additional Features: The house includes tiled bathrooms, solid Cherry wood doors, a climate-controlled basement year-round, perfect for a wine cellar, and a basement level with high ceilings, a laundry room, an extra storage room, a full bathroom, and an emergency exit.
  • Income Potential: The property offers potential for extra income with four large studio units and a three-bedroom unit, all units delivered vacant, providing immediate move-in or rental opportunities.
  • Owner’s Unit and Costs: The owner’s unit is set up on the garden level with a large home office, and the building has reasonable monthly real estate taxes and fees.

Description

The renovated townhouse offers vintage hickory flooring throughout, 12’ high Ceilings, crown molding, exposed brick, noise cancellation windows, front facing bay windows on parlor level, original tier-on-tier wood shutters, tiled bathrooms, solid Cherry wood doors, beautiful original detailed woodwork including carved staircase railings and banisters. This remarkable townhouse could be a great opportunity for extra income, and or catered to the first-time home buyer looking to utilize the brilliant layout including the owner’s unit set up on the garden level with a large home office. The second and third levels have four large studio units in total, two on each floor with full bathrooms in each studio with the exception of one.

The top floor is comprised of a spacious sun-filled three-bedroom, one-bathroom unit with exposed brick and a skylight in the kitchen. The basement level includes high ceilings, a laundry room, an extra storage room, a full bathroom with the space to build another room, and an emergency exit leading to the rear garden level. The hand-cemented insulated stones allow for a climate-controlled basement year-round, Perfect location for your wine cellar. SIZE R/B/B: 16/6/6 Lot Size: 16’ x 100’ Floors: 4 Gross SF/SM: 2,502 / 232 Built Size: 16’ x 50’ INCOME All units (Garden Floor, 2nd, 3rd, and 4th Floor) Delivered Vacant. EXPENSES - Spectrum Internet: $400 / month - Con Edison (gas + electricity): $650 / month - Insurance: $300 / month - Water Bill: $320 / 3 months - Super’s salary: $1,000 / month TAX - Tax Class: 2A - Property Tax: $5,234 annually

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Building Amenities

  • Pre War
Listing courtesy of Compass
Off Market
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Pricing History

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Subways

  1. B
  2. D
  3. A
  4. C
at Saint Nicholas Ave and 147th 0.15 miles
  1. 1
at Broadway 0.41 miles
  1. 3
at Adam C. Powell Blvd and 149th 0.44 miles

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