116 West 133rd Street
$3,500,000
($729 per ft2)
| 7 beds, 6.5 baths | Approx. 4,800 ft2
132 days on Market
Key Details
-
Listed: Jul 13, 2024Days on Market: 132Building Type: RentalNeighborhood: Harlem (Manhattan)
Est. Monthly Mortgage:
$18,647
Mortgage calculator
Total Est. Monthly Carrying Cost:
$18,647
($3.88/ft2)
Note: the above is based on a down payment of 20% ($700,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Location and Layout: This property is located in the vibrant Central Harlem neighborhood and boasts a unique Garden Level Duplex layout with a spacious backyard. The property is divided into one garden level duplex and two expansive floor-through units across three floors.
- Classic Charm Meets Modern Comfort: This historic building, built in 1910, offers the perfect blend of classic charm and modern comforts. All units are meticulously maintained and currently fully occupied.
- Strong Income Potential: The property generates $12,800/month with expenses less than $800/month, offering strong income potential with a 4% cap rate. This is a no fee rental property.
- Low Expenses: Included in the property is a super maintaining the house and insurance cost. The area also benefits from ultra-low real estate property tax.
- Flexible Occupancy: The property can be either owner-occupied or rented, providing flexibility for potential buyers.
- Property Details: This historic building contains 3 apartments and offers a unique opportunity for investment in the vibrant Central Harlem neighborhood.
Description
Showing by appointments.
Located in the heart of vibrant Central Harlem, this townhouse offers a unique Garden Level Duplex layout with a spacious backyard, perfectly blending classic charm with modern comforts. The property is divided into one garden level duplex that can be either owner-occupied or rented, two expansive floor-through units that are meticulously maintained. All units are free market.
The units are currently fully occupied, generating 12800/month.
Expenses is less than 800/month including a super maintaining the house and insurance cost. With the ultra-low real estate property tax in the area, you are looking at a property with very strong income potential, boasting 4% cap rate.
Disclosure: agent has ownership interest.
Located in the heart of vibrant Central Harlem, this townhouse offers a unique Garden Level Duplex layout with a spacious backyard, perfectly blending classic charm with modern comforts. The property is divided into one garden level duplex that can be either owner-occupied or rented, two expansive floor-through units that are meticulously maintained. All units are free market.
The units are currently fully occupied, generating 12800/month.
Expenses is less than 800/month including a super maintaining the house and insurance cost. With the ultra-low real estate property tax in the area, you are looking at a property with very strong income potential, boasting 4% cap rate.
Disclosure: agent has ownership interest.
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Listing courtesy of
Mont Sky Real Estate LLC
Pricing History
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