About this property
As Featured in The New York Times!
https://www.nytimes.com/slideshow/2016/12/02/realestate/on-the-market-in-new-york-city/s/04OTMNYC-slide-PUSG.html?action=click&contentCollection=realestate&contentPlacement=1&module=stream_unit&pgtype=sectionfront
**BEST Opportunity in Manhattan!!** This NEWLY LISTED 4-Family Townhouse gem in PRIME HAMILTON HEIGHTS is ready to go – absolutely no work/renovations needed or rent-regulated tenants to deal with. This hassle-free BEAUTIFUL property has been lovingly cared for – features include updated mechanicals, serene outdoor space (complete with automatic roll-down gate), and LOCATION, LOCATION, LOCATION! Absolutely ideal for the homeowner or investor seeking UNUSUALLY HIGH CASH FLOWS.
The owner’s duplex is a spectacular loft-like space featuring approximately 1500 square feet of the most immaculate and thoughtful renovations you’ve seen. The high ceilings throughout,**CENTRAL A/C**, large comfortable rooms, stunning woodwork, and cutting edge design are just the beginning! There’s a HUGE Professional Chef’s Kitchen w dishwasher and Viking range, large WINDOWED dining area leading to your PRIVATE BACKYARD PATIO with live bamboo garden! There’s also a separate WINDOWED study/library/guest room and 2 beautifully renovated full bathrooms with floor-to-ceiling tiling. You’ll especially enjoy the LAUNDRY IN THE UNIT, your own SEPARATE ENTRANCE, and a LARGE PRIVATE STORAGE AREA!
The upper levels of the building feature three cash-generating rentals: two studio apartments and a 2 bedroom unit. Unless it’s by choice, you will NEVER BE WITHOUT A TENANT.
Neighborhood hot spots include The Grange (rustic-chic gastropub with farm-to-table menu featuring a vast assortment of microbrews and insanely popular craft cocktails); Harlem Public (great beer/wine selection, and not-to-be-missed avocado fries); and Clove Indian Restaurant & Bar (try the crab curry!).
I am not only this listing agent for this property, but a seasoned NYC real estate investor since the 1990’s. It has been YEARS since I’ve seen an opportunity like this: 4-Family bldg (so traditional (non-commercial) financing is available); the #1 train is 3 blocks away; the vibrant neighborhood and historic tree-lined block are FANTASTIC; location is absolutely ideal for living or investing; and perhaps best of all – HIGH CASH FLOWS + SUPER-LOW ($395/month!!) PROPERTY TAXES.
Why struggle with the usual headaches and barriers to entry (marked-up prices, rent-regulated tenants, costly renovations, certificate of occupancy problems, obtaining work permits, etc, etc..) when you can ease in and set yourself up for life?? As we know Columbia University is expanding rapidly and taking the market with it. This opportunity WILL NOT LAST! DON’T MISS OUT!!
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