Property
| Ownership: | Multi-Family |
|---|---|
| Rooms: | 6 |
| Bedrooms: | 5 BR |
| Bathrooms: | 5 |
Financials
Price:$895,000
Real estate tax:$17,249
Listing Courtesy of Bohemia Realty Group
Welcome to 567 W. 184th Street a charming, 4, 685 gsf, 25 foot wide gem in the heart of bustling Washington Heights, offered at an attractive 190 psf.
Description
Welcome to 567 W. 184th Street - a charming, 4,685-gsf, 25-foot-wide gem in the heart of bustling Washington Heights, offered at an attractive $190 psf. With 5 spacious, equally sized, 2-bedroom 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 multifamily property is the blank canvas of your dreams, awaiting your personal touch!
The property is also significantly under-built (current zoning code allows for a building more than twice its current size), creating a host of expansion options for a future owner.
The property will be delivered with two vacant, south-facing, rent-stabilized units - which are stacked directly on top of one another and ready for immediate renovation/combination into a spacious, ~1,800-sf owner’s unit. The remaining three, rent-regulated units (two rent-stabilized and one rent-controlled), will be delivered with tenants in place.
567 W.184th Street affords a savvy purchaser the rare opportunity to create a custom home in NYC while also benefiting from a reliable, in-place revenue stream to offset annual operating costs.
Equal Housing Opportunity
Amenities
Pool;
- Terrace
- Pool
- Voice Intercom
- Walk-up
Neighborhood
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.