New York, NY 10035

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.06 Acres

Financials

Price:$990,000
Annual Taxes:$25,969.16
505 Park Ave, New York, NY 10022
Listing Courtesy of Liberty Chateau Realty Inc

Rare opportunity to own a beautiful, 25 foot wide brownstone in one of Harlem s fastest evolving corridors.

Description

Rare opportunity to own a beautiful, 25-foot-wide brownstone in one of Harlem’s fastest-evolving corridors. This 7-family, rent-stabilized building offers tremendous upside potential and flexible investment options. Property Highlights: Prime Harlem location — on the border of East and Central Harlem 25 feet wide — wider than typical townhouses, allowing for spacious layouts 7 residential units (rent stabilized) 2 units currently vacant, with an additional vacancy on the way Located directly across and 1 door down from new luxury developments, signaling strong neighborhood growth Perfect for investors or end-users looking to take advantage of Harlem’s continued transformation

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.