Property Manhattan (United States)by annonceur international

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PropertyManhattan (United States)
Price :
$2,500,000
Surface492 m²bedrooms5 bathrooms3

First offering in 53 years, this three family townhouse with attached garage is extremely rare. This L shaped lot has approximately 12,164 buildable square feet and has 45 feet of frontage on East 118th Street. The 45 feet of frontage is best described in two parts, first the townhouse section is built 20 feet wide by 100 feet deep. Adjacent to that is the garage, which can fit up to 6 cars in it's current configuration, and that is 25 feet wide by 50 feet deep. Please see attached floor plan and video for more information.
Located on a beautiful cobblestone street cul-de-sac, this convenient location is 1 block away from the East River Plaza mall which has Costco, Target, Marshalls, Aldi and Burlington Coat Factory and Planet Fitness, just to name a few. One block south you can take the 116th Street crosstown bus and the closest subway is the 6 train at 116th Street. Not only is public transportation incredibly convenient, the FDR entrance/exit is two blocks away and there is a bike/walking path.
The possibilities are endless, contact us for an appointment to view this unique property today.

Advertiser reference : 86682452Le Figaro Properties reference : 53807712

In detail

Property Manhattan (United States)

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Manhattan (United States)

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House Manhattan (United States)

Introducing a distinguished income-generating property at 273 Pleasant Ave, nestled in the vibrant neighborhood of East Harlem. This prime free market, value-add property is ready for a new owner seeking either passive income or a redevelopment opportunity. The property features One 1 bed, 1 bath and Three 2 bed, 1bath apartments. There are 13-foot ceilings on the 2nd floor, exposed brick a delightful rear garden for the first floor tenant and an offering of everyday conveniences central to this pocket of Harlem. 273 Pleasant Ave offers four fully free-market units, offering versatility and the potential for substantial income. Rents are current and roughly 52% below market rate for comparable renovated units. Located near the beautiful Thomas Jefferson Park which offers numerous sports fields, a dog park, and community pool on the Harlem River waterfront. The property is also located at the doorstep of the Manhattan Center for Science and Mathematics, as well as the iconic (and impossible to get a reservation) Rao’s Italian restaurant. Offering an impressive proforma cap rate of 5.5% and situated between two properties that are in the process of being redeveloped, this property has can be delivered vacant, or with tenants in place to maintain cash flow while the purchaser finalizes plans to reposition the property. Seize this excellent opportunity to invest in East Harlem — a property that promises not just returns but also the potential to make a unique mark in a thriving community. **As per owner, no access will be allowed until after accepted offer.**

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PropertyManhattan (United States)
Price :
$2,500,000
Surface492 m²bedrooms5 bathrooms3

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Property Manhattan (United States)

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House Manhattan (United States)

House Manhattan (United States)

Property Manhattan (United States)

House New York (United States)

PropertyManhattan (United States)Price : $2,500,000 USDEuro € EURAmerican Dollar ($ USD)British Pound (£ GBP)Surface492 m²bedrooms5 bathrooms3

In detail

Property Manhattan (United States)

Visit this property

Contact an advisor

PropertyManhattan (United States)
Price :
$2,500,000
Surface492 m²bedrooms5 bathrooms3