563 W 139th Street Active

Manhattan,NY 10031

$ 1600000

5 Beds

4 Baths

2500 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $640

Subdivision Hamilton Heights

MLS Listing ID COMP-1666880324063814761

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N Yes

Year Built 1955

Annual Tax Amount $5,580

Property Description

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.

Location

State NY

County Newyork

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Furnishings Unfurnished

Fireplace No

Appliance Dryer,Washer

Laundry See Remarks

Exterior

Garage Garage

Parking Type Garage

Private Pool No

Building

Dwelling Type Mixed Use

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $465

Pets Description Building No,Cats OK,Dogs OK

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