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135 West 78th St., New York, NY 10024

$4,000,000
Listing Details:
$4,000,000 Price
Townhouse Property Type
Upper West Side Neighborhood
-- Beds
0 Baths
-- Approx. Sq. Ft.
$4,468 RET
Key Features:
Fireplace
Prewar
Description:

$1.1 MM price drop! Motivated Seller! A successful real estate tax appeal has just lowered the assessed value by 19%. This amazing four story, 20 foot wide townhouse is ideally situated in the heart of the Upper West Side on a bucolic tree-lined residential street. It is currently configured as five units: An owners duplex, one two-bedroom floor-thru, and three one-bedroom units. The three one-bedrooms are rent stabilized. Meticulously cared for, and in excellent condition, this property is ideal for an owner-occupant looking for a beautiful home with reliable supplemental rental income, or an investor seeking an income producing property with the possibility of converting to a single-family home. Occupying the Garden level and half of the Parlor level, the owners two-bedroom, two-bath duplex features a generous living space with a dramatic wood burning fireplace and an entire wall of glass looking out over the manicured garden. The unit also contains the semi-finished basement, with many options for utilization. The rear of the Parlor level and the third floor are configured as three one-bedroom apartments. All are in great condition and feature 10 & 11.5 foot high ceilings, plenty of storage and great layouts.The fourth floor is a free-market floor-thru apartment. Recently renovated, this unit has two-bedrooms, two-baths, 10 foot ceilings, granite countertops, skylights and built-ins. Centrally located to public transportation, shopping, restaurants, theaters, museums, parks and entertainment, the location is superior. This is a special opportunity to own a classic New York brownstone on the Upper West Side. Setup, income and expenses and rent roll information are available upon request.

Listing courtesy of The Corcoran Group

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