4 Bed 5 Bath Multi-family For Sale $3,345,000 3,800 sqft ($880 per sqft)
Broker: Robb Pair Harlem Lofts
Classification: Three Families (C0) Dimensions: 18' x 53', 4 floors plus finished cellar Maximum Buildable Area: 4,320SF (504SF Air Rights) ...read moreClassification: Three Families (C0) Dimensions: 18' x 53', 4 floors plus finished cellar Maximum Buildable Area: 4,320SF (504SF Air Rights)
Built in 1909 and renovated in 2010, 2007 Fifth Avenue is an elegant and exquisitely maintained Neo-Grec three-family brownstone townhouse attractively located next to Mount Morris Park in the heart of Harlem.
This beautiful 18-foot wide residence is divided into a welcoming Owners' Triplex and two lovely one-bedroom rental apartments on the upper two floors. The house represents a wonderful opportunity for an investor or owner-landlord, who can expect an excellent cash on cash return for a property of this quality and in this perfect location.
The Garden level of the Owner's apartment features a large open-plan living space with high ceilings and largewindows, fireplace and dining area, designer Duravit bathroom, and a wonderful chef's kitchen boasting a Bertazzoni range, stone counters and a dining bar, and with access to the beautifully manicured East-facing garden. The finished cellar has a tiled recreation room perfect for entertaining, wine cellar, and laundry. Upstairs in the duplex are two large, comfortable bedrooms with original fireplaces and detailing, and two marble baths.
The two fully renovated one-bedroom apartments on the top two floors of the house also feature extensive period detail and original fireplaces, exposed brick, and high ceilings and large windows giving a wonderful sense of light and space, and in-unit laundry. The potential rent roll positions the property to generate a healthy return.
This lovely home is just a few steps from Harlem's Restaurant Row and shopping on 125th St, with Whole Foods, Bed Bath and Beyond and much more. It is also conveniently close to transportation options including the 2/3 and B/C subway lines and the M2, M7 and M101 bus lines and Metro North. 2007 Fifth Avenue is nestled next to Mount Morris Park, and Central Park and Morningside Park are just a short stroll away.
This property is delivered vacant with all paperwork provided.
