FOR SALE
563 139th
NewYork, Hamilton Heights, New York City, NY
FOR SALE
Asking
$1,600,000
BTC
16.397
ETH
480.18
Beds
5
Baths
4
Home Size
2,500 sq. ft.
Year Built
1955
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.
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Location
Market Area
NewYork
Neighborhood
Hamilton Heights
Agents
Yury Holohan
+1 310 910 1722
Milena Baram
+1 310 910 1722