567 184th Street
New York, NY 10033

Property

Ownership: For Sale
Type: Residential
Rooms: 6
Bedrooms: 5 BR
Bathrooms: 3.5
Pets: Pets No
Area: 4684 sq ft

Financials

Price: $1,100,000
Annual Taxes: $15,252

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505 Park Ave, New York, NY 10022
Courtesy of Bohemia Realty Group LLC

Description

Welcome to 567 W. 184th Street, a charming 25-foot wide 5-unit gem in the heart of bustling Washington Heights. With spacious, equally-sized units, this property presents a unique and affordable opportunity to enter the Manhattan multifamily market and build generational wealth. Built in 1920, this classic, well-maintained home represents the blank canvas of your imagination, awaiting your personal touch! With one vacant unit, ready for immediate renovation, and four occupied, rent-regulated units, 567 W. 184th affords a savvy purchaser the rare opportunity to create a custom home while also benefiting from a reliable, in-place revenue stream to offset monthly operating costs. Because the lot is significantly under-built (current zoning code allows for a building nearly twice its current size), a future owner may also consider expanding the current building or even building a brand new one. Rent roll and expenses available upon request.

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Welcome to 567 W. 184th Street, a charming 25 foot wide 5 unit gem in the heart of bustling Washington Heights.


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