A rare investment opportunity in the heart of Upper Manhattan, this fully detached four family home sits on a wide, tree lined street and offers 4, 370 sq ft of ...


Property

Website:https://www.nestseekers.com/4765005
Address:
New York, NY 10032
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,986,000
Annual Taxes:$6,447.52

Description

A rare investment opportunity in the heart of Upper Manhattan , this fully detached four-family home sits on a wide, tree-lined street and offers 4,370 sq ft of unused FAR, making it ideal for condominium development under R7-2 zoning. Located near a prestigious Columbia-affiliated university and a renowned hospital, the property is perfectly positioned to attract steady rental income from students and professionals alike. With the A, C, and 1 subway lines just steps away, Midtown Manhattan is only 25 minutes away. The neighboring property recently added two floors, maximizing its development potential , now it's your turn to unlock the value of this underutilized gem. Selling it in its current condition.

Amenities

  • Cable Connected
  • Eat-in Kitchen
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Find Real Estate LLC