$1,950,000
Multi-way-Family Investment Opportunity in Central Harlem with Potential for Expansion We're excited to present this prime multifamily investment property, located in the heart of the vibrant Central Harlem neighborhood. The building is a legal four-family dwelling, positioned within an R7-2 zoning district, which presents an additional exciting opportunity for you. With a potential annual rent roll of $233,000, this property is a solid investment in a continuously evolving neighborhood. WILL BE DELIVERED VACANT. The property comes with pre-approved rights to add an extra floor, expanding its current structure and potentially increasing the return on your investment even more. The value-add potential is substantial, making this property a rare and rewarding investment opportunity in New York's real estate market. This includes 3 studio apartments, 4 one-bedroom apartments, and 1 unique junior-four apartment a unique configuration featuring a large one-bedroom and an additional smaller room, which can be used as an office or smaller bedroom. All apartments will be delivered vacant, allowing the new owner to set new market rents, enhance the unit mix or reconfigure if desired. Don't miss out on this unique opportunity to acquire and expand a multi-family investment property in Central Harlem, a community that continues to grow in desirability and economic potential. Your chance to create a legacy property in a thriving New York neighborhood is here. Reach out today for more information or to schedule a private tour.
H6271389
MLS
2117 5th Avenue, New York
