Oops, it looks like you’re using a web browser our site no longer supports. For the best viewing experience, please use one of the following:
Google Chrome, Microsoft Edge, Apple Safari or Mozilla Firefox.
×

Mortgage Calculator

Amount to borrow:

Downpayment %:

Term (in years):

Interest rate %:

Down Payment:

Amount Financed:

Monthly Payment:

Instructions: Enter numbers and decimal points. No commas or other characters.

Log in
Not registered? Create an account
Already have an account? Log In

1698 Lexington Ave., New York, NY 10029

$1,998,000
Active Listing
Listing Details:
$1,998,000 Price
Multi-Family Townhouse Property Type
East Harlem Neighborhood
8 Beds
6.5 Baths
4,000 Approx. Sq. Ft.
$35,000 RET
Key Features:
Prewar
Allows Pets
Unit Garden
Description:

Great four story, 6 Unit SRO townhouse available in bustling East Harlem. This four story property is located along Harlem's renowned Lexington Avenue, making it an incredible New York find.


Built in 1955, this townhouse was designed as a Single Room Occupancy (SRO) residence. The ground floor and half of the first floor is a duplex with two bedrooms convertible to three. Five separate studio units, each with its own bathroom, span the rest of the four story property.


Lexington Avenue is one of New York's finest areas for dining and shopping. This historic townhouse is also close to an abundance of parks, schools, and community recreation centers.


Ground floor and half of first floor - duplex - two bedrooms convertible to three
1st floor- One studio with bathroom and sleeping loft
2nd floor - Two studios with two bathrooms
3rd floor - Two studios with two bathrooms


Projected rent roll:
1st floor - Apartment 1 - duplex - $4,000
Apartment 2 - studio - $1,200
Apartment 3 - studio - $1,200
Apartment 4 - studio - $1,200
Apartment 5 - studio - $1,200
Apartment 6 - studio - $1,200


Projected rent role: $120,000


Expenses:
Taxes - $35,000 per year.
Utilities - ~$7,000 per year.


Total Expenses: ~$42,000


Lot dimensions - 16.67 x 75


Building dimensions - 16.67 x 46

Listing courtesy of Compass

Discuss this property with a Core agent: