FOR SALE
Buy 30 Edgecombe with Ethereum
New York, Harlem, New York City, NY
FOR SALE
$1.35 million (~644.7 ETH). RealOpen converts your crypto and wires cash to closing.
Asking
$1,350,000
BTC
17.678
ETH
644.67
Beds
2
Baths
7
Home Size
3,850 sq. ft.
Year Built
1901
Cash on cash return 7.4%! Contact the listing brokerage Harlem Lofts Inc for your private tour!
Situated in the Dorrance Brooks Square Historic District, 30 Edgecombe Avenue represents an outstanding investment opportunity. This Renaissance Revival red brick seven family townhouse overlooks St. Nicholas Park and has low real estate taxes and excellent gross operating income ($142,276/year), generating a capitalization rate of 7.4 percent!
This property provides 3,850 square feet of space in a desirable location, plus an additional 5,631.5 square feet of air rights. The exterior has the original Renaissance Revival red brick and stone faade with a bay window on the second floor and Queen Anne accents, while the interior has original oak doors, woodwork, mirrors, and fireplaces.
The seven apartments, all rent-stabilized, consist of six studios and a floor-through two-bedroom home. All units have high ceilings, large windows, open-plan kitchens and tiled bathrooms. All units have separate meters and are wired for cable and internet.
This lovely townhouse is close to restaurants on Frederick Douglass and Adam Clayton Powell Boulevards, and City College is just a short walk away. The property is close to shopping on 125th Street and is conveniently situated for the B/C subway lines and the M3 and M10 bus lines, which are all adjacent to the house. For recreation, St. Nicholas Park is right across the street.
This property is delivered with well-qualified tenants in five of the seven units, and all paperwork. Contact us today for your private appointment!
*This is a cash-only sale - please be prepared to provide proof of funds
Situated in the Dorrance Brooks Square Historic District, 30 Edgecombe Avenue represents an outstanding investment opportunity. This Renaissance Revival red brick seven family townhouse overlooks St. Nicholas Park and has low real estate taxes and excellent gross operating income ($142,276/year), generating a capitalization rate of 7.4 percent!
This property provides 3,850 square feet of space in a desirable location, plus an additional 5,631.5 square feet of air rights. The exterior has the original Renaissance Revival red brick and stone faade with a bay window on the second floor and Queen Anne accents, while the interior has original oak doors, woodwork, mirrors, and fireplaces.
The seven apartments, all rent-stabilized, consist of six studios and a floor-through two-bedroom home. All units have high ceilings, large windows, open-plan kitchens and tiled bathrooms. All units have separate meters and are wired for cable and internet.
This lovely townhouse is close to restaurants on Frederick Douglass and Adam Clayton Powell Boulevards, and City College is just a short walk away. The property is close to shopping on 125th Street and is conveniently situated for the B/C subway lines and the M3 and M10 bus lines, which are all adjacent to the house. For recreation, St. Nicholas Park is right across the street.
This property is delivered with well-qualified tenants in five of the seven units, and all paperwork. Contact us today for your private appointment!
*This is a cash-only sale - please be prepared to provide proof of funds
Buy any home with your crypto
RealOpen funds the purchase of any home with crypto — anywhere in the U.S., and in a growing list of countries worldwide. You pay with crypto; the seller gets cash at closing.
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