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.


Property

Website:https://www.nestseekers.com/5571469
Address:
567 West 184th Street
New York, NY 10033
Cross street:Audubon Avenue
Type:House
Era:Post-war
Floors:3
Ownership: Multi-Family
Rooms: 6
Bedrooms: 5 BR
Bathrooms: 5

Financials

Price:$895,000
Real estate tax:$17,249

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

Contact

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

567 West 184th Street New York NY 10033 USA