EAST HARLEM INVESTMENT PROPERTY

[Grace Lappin]

This is a charming three story brownstone with private enclosed garden. It is located on a lovely tree-lined street in historic East Harlem, where almost every other home on the block has been painstakingly restored. Although utilities are currently working, this townhouse needs TLC, complete renovation, and is an "as is" purchase. It is delivered vacant and ready for transformation into a single family residence, rental apartments, or condo conversion. This is a great neighborhood, boasting famous restaurants like Patsy's and Rao's, retailers, banks, and supermarkets. The home is also within walking distance of the East River promenade, parks, new shopping center, and transportation. This property is well priced and an excellent investment for personal use or as an income producer. Real estate taxes are approximately $1,640 per year. Asking price is $1,075,000.

 

[Brian Phillips, TheMobileBroker]

Hi Grace. Does this property have a basement? What is the legal status? eg is it an SRO? Here's my email to discuss: [e-mail]

[Andrew Turner]

Photos?