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25 Hamilton Terrace, New York, NY 10031

$3,195,000
Active Listing
Listing Details:
$3,195,000 Price
Single-Family Townhouse Property Type
Hamilton Heights Neighborhood
8 Beds
8 Baths
-- Approx. Sq. Ft.
Key Features:
Prewar
Laundry
Allows Pets
Unit Laundry
Description:

Tremendous upside potential to acquire this multi family building located on a tree-lined block in Historic Hamilton Heights.

Units:
- 8 total rental units (1 rent-stabilized)
- Four 1 bedroom units, four studios
- Most units have a dishwasher, and some laundry in unit

Investor Information:
- Rents are under-market, as is, and additional value can be created with adding appliances or modifying layouts
- Upon achieving market rents, cap rate will be 5.3%
- Potential condo-conversion play
- Expenses approximately $28,000

Building:
- Renovated in 2015
- New roof
- New intercom system
- Four total floors
- R6A zoning
- Building Size 4,000
- Lot dimensions 17 65 ft

Area:
- Historic Hamilton Heights area
- Subways: A C B D 1 3
- Parks: : St. Nicholas Park, Johnny Hartman Square, Frank White Neighborhood Service Center, Jackie Robinson Park, Bradhurst Urban Renewal Park
- Nearby colleges

Email or call for a set-up or a showing.





Listing courtesy of Keller Williams NYC

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