16
See all 16 photos
$2,450,000
Est. payment /mo
7 Beds
7 Baths
2,688 SqFt
Active
427 Convent Avenue Manhattan, NY 10031
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,688 sqft
Price per Sqft $911
Subdivision Hamilton Heights
MLS Listing ID RLS20057789
Bedrooms 7
HOA Y/N No
Year Built 1926
Annual Tax Amount $7,764
Property Sub-Type Multi Family
Property Description
5%+ Cap Rate! User/Purchaser or Investor Friendly Opportunity
Welcome to the Sugar Hill Historic District of Hamilton Heights, a neighborhood filled with old growth trees and turn of the century townhouses sitting high above the valley of Central Harlem. Hamilton Heights is named after Alexander Hamilton, who built his home here. This is a neighborhood rich with history from jazz legends, the beautiful City College Campus and has 5 subway lines and 5 parks within a 10-minute walk of this 5-family townhouse.
The house, built in 1926 and renovated in 2016, is fully leased with market rate rents. On the garden level and parlor floor is a 3-bedroom, 3 bath duplex with high ceilings and exclusive access to the approximately 425 sq ft. garden and W/D. This can be used as an owner's duplex- presently rented month to month. On the 3rd and 4th Floor are 2 Studios per floor. Setup sheet available on request.
The home has East and West Facing exposures that provide great natural light throughout the day and is located on a townhouse heavy section of the neighborhood- so even the garden level space gets great natural light not blocked by tall buildings. Low property taxes of just $647/month. Convent Avenue consists of mostly residential properties and the City College campus which limits vehicle traffic- so residents are treated to a much calmer, quieter and more desirable living experience.
All new building systems (boiler, roof, meters, etc) were installed when the building was renovated in 2016 and well maintained since. The house is built 16' x 54' on a lot that is 16'x85'. Gross Square Footage is 3,456 including the garden level.
Sugar Hill is Featured on the Harlem Stories Podcast!
Welcome to the Sugar Hill Historic District of Hamilton Heights, a neighborhood filled with old growth trees and turn of the century townhouses sitting high above the valley of Central Harlem. Hamilton Heights is named after Alexander Hamilton, who built his home here. This is a neighborhood rich with history from jazz legends, the beautiful City College Campus and has 5 subway lines and 5 parks within a 10-minute walk of this 5-family townhouse.
The house, built in 1926 and renovated in 2016, is fully leased with market rate rents. On the garden level and parlor floor is a 3-bedroom, 3 bath duplex with high ceilings and exclusive access to the approximately 425 sq ft. garden and W/D. This can be used as an owner's duplex- presently rented month to month. On the 3rd and 4th Floor are 2 Studios per floor. Setup sheet available on request.
The home has East and West Facing exposures that provide great natural light throughout the day and is located on a townhouse heavy section of the neighborhood- so even the garden level space gets great natural light not blocked by tall buildings. Low property taxes of just $647/month. Convent Avenue consists of mostly residential properties and the City College campus which limits vehicle traffic- so residents are treated to a much calmer, quieter and more desirable living experience.
All new building systems (boiler, roof, meters, etc) were installed when the building was renovated in 2016 and well maintained since. The house is built 16' x 54' on a lot that is 16'x85'. Gross Square Footage is 3,456 including the garden level.
Sugar Hill is Featured on the Harlem Stories Podcast!
Location
State NY
County New York
Interior
Furnishings Unfurnished
Fireplace No
Laundry Building In Basement
Exterior
Exterior Feature Private Outdoor Space Under 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 2063-0017
Ownership None
Monthly Total Fees $647
Special Listing Condition Standard
Pets Allowed Building Yes, Yes
RLS Data display by .
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