New York, NY 10035

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$850,000
Annual Taxes:$17,167.52
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty

Step into the timeless charm of this historic 1909 brownstone, ideally located in the heart of East Harlem.

Description

Step into the timeless charm of this historic 1909 brownstone, ideally located in the heart of East Harlem. This rare three-story property features 7 residential units and presents an exceptional opportunity for investors, developers, or those with a vision for restoration. While the building is in need of cosmetic updates, its classic architectural character and solid bones offer incredible potential to restore its original beauty and significantly increase its value. Original details and the property's historic appeal provide the perfect foundation for a remarkable transformation. Situated in one of Harlem's most vibrant and sought-after neighborhoods, you'll enjoy close proximity to renowned restaurants, parks, shopping, public transportation, and cultural landmarks. Whether you're looking to renovate and maximize rental income or preserve a piece of New York City's rich history, this is a rare opportunity to invest in a property with unlimited potential. Bring your vision and unlock the possibilities this iconic Central Harlem brownstone has to offer.

Amenities

  • Electricity Connected
  • Trash Collection Public
  • Water Connected

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.