164 West 133rd Street
New York, NY 10030
Cross street:Lenox Avenue

Building

Type:Townhouse
Era:Post-war
Floors:4

Property

Ownership: Multi-Family
Rooms: 12
Bedrooms: 1 BR
Bathrooms: 1

Financials

Price:$2,399,000
Real estate tax:$13,716
505 Park Ave, New York, NY 10022
Listing Courtesy of Brown Harris Stevens Residential Sales LLC

Three Family Townhouse on Harlem's Historic Swing Street Discover an exceptional opportunity on Harlem's historic Swing Street a legal three family townhouse featuring an updated owner's duplex with private outdoor ...

Description

Three-Family Townhouse on Harlem's Historic "Swing Street"

Discover an exceptional opportunity on Harlem's historic "Swing Street": a legal three-family townhouse featuring an updated owner's duplex with private outdoor space and two income-producing floor-through residences.
Offering north and south exposures throughout, the home enjoys abundant natural light and presents compelling possibilities as an investment property or primary residence with supplemental rental income.

Owner's Duplex 2 Bedrooms 2.5 Baths Approximately 1,536 Sq. Ft.

The spacious duplex features soaring parlor-level ceilings and direct access to the private garden from both floors. The lower level includes a second bedroom with its own below-stoop entrance, offering added privacy and flexibility for a home office or visiting guests. A semi-finished basement with private laundry provides valuable additional utility and storage.

Second and Third Floors 1 Bedroom 1 Bath Approximately 768 Sq. Ft. Each

Both floor-through residences enjoy north and south exposures and excellent natural light. The second-floor apartment also features an all-in-one washer and dryer.

Current Rent Roll
-Owner's duplex: $4,595 per month
-Second floor: $2,675 per month
-Third floor: $3,075 per month
Total annual rent roll: $124,140
Annual real estate taxes: $13,715.28

Projected Market Rent
-Owner's duplex: $5,095 per month
-Second floor: $2,925 per month
-Third floor: $3,225 per month
Projected annual rent roll: $134,940

Ideally situated in Central Harlem near the Schomburg Center, Harlem Hospital, Columbia University, The City College of New York, Whole Foods Market, Lenox Avenue dining, and the 2 and 3 express trains-with the best of Harlem within easy reach.

Amenities

Garden;
  • Washer / Dryer
  • Garden
  • Voice Intercom
  • Walk-up

Neighborhood

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OLR IDX

RLS Data display by Nest Seekers LLC.

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.