Note: the above is based on a down payment of 20% ($1,299,000),
which is the minimum amount permitted by the building.
Insider Highlights
Business Opportunity: This is a lucrative Bed and Breakfast business opportunity with a CAP Rate of 7.5%, complete with a rare legal hotelier’s license, offering a multitude of options for use. It currently caters to a loyal international clientele.
Victorian Charm: This meticulously restored Victorian-era brownstone, built in 1910, combines original authenticity with contemporary luxury. Each floor has its own unique charm, and the building exudes historical charm with pre-war detail.
Luxurious Features: The ground-level double suites feature a Jacuzzi tub, glass enclosed showers and access to a beautiful garden. The parlor floor boasts soaring 11 foot ceilings, stained-glass clerestory windows and pocket doors.
Chef's Kitchen: The property includes a double-sided chef’s kitchen with a large bay window overlooking the garden.
Spacious Accommodation: The property offers six bedrooms and six bathrooms, providing ample space for guests or a large family.
Location and Flexibility: Located in the vibrant neighborhood of Harlem, this property offers the possibility of becoming a private residence for the discerning buyer.
Description
Being offered as a lucrative Bed and Breakfast business fully outfitted with antiques, artwork and furnishings from all over the world with a CAP Rate of 7.5%.
This meticulously restored Victorian-era brownstone is absolutely enchanting. Rich with pre-war detail, every floor has its own ’wow" charm effect, combining the authenticity of its original glory with contemporary luxury. From the ground-level double suites with Jacuzzi tub, glass enclosed showers and access to the sublime garden to the parlor floor’s soaring 11 foot ceilings, stained-glass clerestory windows and pocket doors leading to an uninhibited double-sided chef’s kitchen with a large bay window overlooking the garden.
You’ll be bowled over with the accoutrements this 6 bedroom, 6 bath home offers.
Having acquired an extremely rare legal hotelier’s license, the current proprietor’s exceptional Northern Lights Mansion, a/k/a 210 West 122nd Street, building offers a multitude of options ranging from highly lucrative short term hotel services, Bed and Breakfast as either owner-occupied or pure investment, or any version of live-work scenarios. Last but not least, this townhouse offers the possibility of becoming a very special private residence for the discerning buyer.
Currently catering to a coterie of international clients, many of whom have returned repeatedly, taken with the authenticity that only a Beaux-Arts masterpiece such as this can exude.
Best to leave the many other surprises this bespoke townhouse offers to the actual viewer, so reach out to us for a very private tour soon.
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Building Amenities
Pre War
Listing courtesy of
Brown Harris Stevens Residential Sales LLC
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Pricing History
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