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Property Description

Nestled in the historic neighborhood of East Harlem on a quiet dead end street, this completely renovated 2-family brownstone presents a unique investment opportunity for discerning buyers. This stunning property spans four stories high plus a fully finished basement, featuring 10-foot ceilings that combines modern design with the building’s original facade. This is a legal 2 family / SRO. The property fits any buyer looking. This gem is perfectly laid out allowing the end user to simply add a wall and door and create an owner’s duplex or triplex with a rental unit above, or have a 4-bedroom rental over a 4-bedroom rental if rental income is the priority. Highlights & Values – Fully Renovated: Enjoy the perfect blend of modern elegance and historical charm in this fully updated brownstone. – Optimal Flexibility: The property will be delivered 100% vacant, allowing potential owners to tailor the space according to their preferences and investment goals. – Ample Space: With each floor featuring a full bath, the layout is both practical and luxurious. – Premium Finishes & Modern Kitchen: Hardwood cream floors, 6-foot-tall windows, and an abundance of natural sunlight create a warm and inviting atmosphere. Two European-style kitchens equipped with white marble countertops, white cabinets, and gold accessories offer a simple yet sophisticated feel. – Prime Location: Centrally located in East Harlem, this property sits at the nexus of convenience and charm. The iconic East River Plaza, home to Costco, Marshalls, Old Navy, Aldi & more is a stone’s throw away. This neighborhood offers a vibrant mix of shopping, dining, and entertainment options. – Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient. – Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. This brownstone is 17ft x 48ft with over 60ft in the backyard and an excellent investment opportunity for both first-time homebuyers and seasoned investors, with high rental potential in a sought-after location.

Features
: Other, See Remarks
: Central Air
: See Remarks
: Dishwasher, Dryer
: Park
0
: Hardwood
0
: Near Public Transit, Level
: On Street
: Other
Address Map
NY
NY
New York (Manhattan)
Google Maps
Property and Construction
: Other
: Brick
: Other
Yonkers Early Childhood Academy
Manhattan Center-Science & Math
: Dishwasher, Light Fixtures, Refrigerator, Mailbox
: Over 12 Months
: One
501372
CBRE02
Yonkers Middle School
2
: Heat, Hot Water
1
: Security Deposit, Third Party Approval
2
$1,980
: Public
23

Residential Income For Sale

515 1/2 118th Street, New York, NY

8 Bedrooms
4 Bathrooms
0.04 Acre
$1,950,000
Listing ID #L3584709
Basic Details
Property Type : Residential Income
Property SubType : Duplex
Listing ID : L3584709
Price : $1,950,000
Rooms : 12
Bedrooms : 8
Bathrooms : 4
Bathrooms Total : 4
Lot Area : 0.04 Acre
Year Built : 1900
Status : Active
Status : Active
Listing Office : Coldwell Banker Reliable R E
Listing Agent : Christopher F. Bowser
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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