Property
Ownership: | For Sale |
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Type: | Residential |
Rooms: | 6 |
Bedrooms: | 5 BR |
Bathrooms: | 3.5 |
Pets: | Pets No |
Area: | 4684 sq ft |
FinancialsPrice: $1,100,000 Annual Taxes: $15,252
Price: | $1,100,000 |
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Annual Taxes: | $15,252 |
505 Park Ave, New York, NY 10022 Phone: +1212-252-8772 | |
Courtesy of Bohemia Realty Group LLC |
DescriptionWelcome 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.
Neighborhood
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.
Welcome to 567 W. 184th Street, a charming 25 foot wide 5 unit gem in the heart of bustling Washington Heights.
DescriptionWelcome 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.
Neighborhood
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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