150 W 119th Street is a beautiful Neo-Grec Four Family rental investment townhouse built by Cleverdon and Putzel in 1889. The property is in excellent condition and located on a very desirable tree-lined block with outstanding location in the Mount Morris Park Historic District in Central Harlem. The four floor-through free-market apartments offer excellent capitalization rate, cash flow and return on investment. At 18 feet wide, this property provides approximately 4,608 square feet of space plus a clean, neat cellar with shared laundry facilities. Maximum buildable area is 6,192 square feet, thus there are an additional 1,584 square feet of available air rights. All units boast high ceilings, large windows supplying abundant natural light, charming original details (moldings, window shutters, decorative fireplace), open-plan kitchens and tiled bathrooms. The property includes intercom and security systems, and all units have separate electric meters and are wired for cable and internet.
This lovely townhouse property is just a few steps from Harlems Restaurant Row and shopping on 125th St, with Whole Foods, Bed Bath and Beyond, and more. It is also conveniently close to transportation options including the 2/3 and B/C subway lines and the M2, M7 and M101 bus lines. For recreation, 150 W 119th St is nestled between Mount Morris Park, Morningside Park and Central Park.