$1,600,000
- Beds
- 5
- Baths
- 4.0
- sq ft
- 2,500
563 W 139th St, New York, NY 10031
563 W 139th St
New York City, NY 10031
- 53 days on market
25’ Wide Semi-Detached Mixed-Use Building with Private Backyard – Prime Location!
Special Financing Available for 1-4 Family Residential Conversion!
This is an excellent opportunity for developers, investors, or end users to transform this property. It is ideal for maximizing returns or customizing your space, and financing options are designed to accommodate conversion projects."
Mixed-Use Three-Family Building 6.16% Cap Rate
“AS IS” Sale
Zoning allows for a 6-story building (total potential of 7,800 sq feet)
(FAR): R7A (4)FAR as built 1.28
Unused buildable Square Footage: 5,304
Lot Size 30ft x 65ftBuilding
Dimensions 25ft x 50ftApproximately 2,500 sqft
2 Stories
1st Floor: Retail + 2 Bed 1.5 Bath Apartment w/backyard
2nd Floor: Studio Suite + 2 Bed 1 Bath Apartment w/ washer/dryer
Property Tax $5,589
Annual Rent Roll of $104,148
This rare opportunity in the heart of Harlem offers unmatched convenience, just steps from the 1 and ABCD trains, City College, and minutes to Columbia University Hospital. Surrounded by Harlem and Hamilton Heights’ best dining options, this property is perfectly positioned for solid returns.
A turnkey investment with flexible possibilities: maintain or reimagine the current configuration for various potential uses. It is ideal for end users looking to operate a business in the front while living comfortably in the back or upstairs.
Priced to sell and sold AS IS. Inquire today and conduct all due diligence.
Details
Property type
Mixed Use
Lot size
Unknown
Price per sq ft
$640
Year built
1955
Annual property taxes
$5,580
HOA
Yes
Price History
09/20/2024
REBNY #COMP-1666880324063814761
Listed
$1,600,000
Schools & Community
Neighborhood:
Hamilton Heights
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/12/2024 at 5:50 PM
Listing updated: 10/31/2024 at 3:47 PM
Listed by: Yury Holohan, Compass Phone #: (212) 913-9058
MLS: REBNY #COMP-1666880324063814761
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