521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
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Listing Courtesy of Harlem Lofts Inc
$ 2,200,000
Est. payment | /mo

7 Beds

4 Baths

3,724 SqFt


Save
$ 2,200,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,724 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,724 sqft

Price per Sqft $590

Subdivision Washington Heights

MLS Listing ID RLS20081758

Style Prewar,Loft

Bedrooms 7

Full Baths 4

HOA Y/N Yes

Year Built 1920

Annual Tax Amount $14,592

Property Sub-Type Duplex

Property Description

Welcome to 521 West 162nd Street, an elegant, fully renovated three-family limestone-facade townhouse that represents an exceptional opportunity for an Owner-Landlord or Investor! This lovely 19-foot-wide residence is divided into a welcoming, loft-style Three-Bedroom Owners Duplex and two beautiful Two-Bedroom rental apartments on the Parlor and Garden Levels. An Investor can expect an excellent cash on cash return (pro forma 6%) from the property!

The Upper Level of the Owners Duplex apartment features a beautiful open-plan loft-style living space with high ceilings, large windows and skylights for a wonderful sense of light and space, , exposed brick and rafters and hardwood floors, a gas fireplace and dining area, and a wonderful chefs island kitchen. Downstairs are three Bedrooms and two Bathrooms, one en-suite from the Master Bedroom which also features a Walk-In Closet, and Laundry.

The two fully renovated Two-Bedroom apartments on the Parlor and Garden Levels of the house also feature exposed brick, open-plan Kitchen and Dining areas, and in-unit Laundry, and there is a sunny, well-kept Back Yard accessible from the Basement and Garden Levels. The potential rent roll positions the property to generate a very healthy return.

This home is a short 15-minute walk to City College and is in close proximity to Columbia Presbyterian Medical Center, a stones throw from the Jumel Terrace historical district. The Broadway and St. Nicholas Avenue commercial corridors are within easy reach with shopping, restaurants, cafes, and bars. The C-line subway at 163rd Street and the M2, M3 and M100 buses are all within a few steps of the house.

Showings are by appointment.





Location

State NY

County New York

Interior

Interior Features Eat-in Kitchen, High Ceilings

Heating None

Cooling Window Unit(s)

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Other

Furnishings Unfurnished

Fireplace Yes

Appliance Dryer, Washer

Laundry Building None, In Unit

Exterior

Exterior Feature Building Garden, Garden, Private Outdoor Space Under 60 Sqft

View Y/N No

Porch Patio, Terrace

Private Pool No

Building

Dwelling Type Duplex,Multi Family,Townhouse

Story 4

New Construction No

Others

Tax ID 2122-0008

Ownership None

Monthly Total Fees $1, 216

Pets Allowed Building No, No

REBNY-IDX

NEARBY SCHOOL & BUSINESS

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521 W 162nd Street