Multi-way-Family Investment Opportunity in Central Harlem with Potential for Expansion
We’re excited to present this prime multifamily investment property, located in the heart of the vibrant Central Harlem neighborhood. The building is a legal four-family dwelling, positioned within an R7-2 zoning district, which presents an additional exciting opportunity for you. With a potential annual rent roll of $233,000, this property is a solid investment in a continuously evolving neighborhood. WILL BE DELIVERED VACANT.
The property comes with pre-approved rights to add an extra floor, expanding its current structure and potentially increasing the return on your investment even more. The value-add potential is substantial, making this property a rare and rewarding investment opportunity in New York’s real estate market.
This includes 3 studio apartments, 4 one-bedroom apartments, and 1 unique junior-four apartment – a unique configuration featuring a large one-bedroom and an additional smaller room, which can be used as an office or smaller bedroom.
All apartments will be delivered vacant, allowing the new owner to set new market rents, enhance the unit mix or reconfigure if desired.
Don’t miss out on this unique opportunity to acquire and expand a multi-family investment property in Central Harlem, a community that continues to grow in desirability and economic potential. Your chance to create a legacy property in a thriving New York neighborhood is here. Reach out today for more information or to schedule a private tour.
Sold for $1,950,000 on 10/06/23
$1,950,000
2117 5th Avenue, New York (Manhattan), NY 10035
--beds
0baths
5,316sqft
Triplex
Built in 1951
-- sqft lot
$1,770,000 Zestimate®
$367/sqft
$3,469 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: November 16, 2024 at 07:57am
Listed by:
Shail Barot 929-273-8757,
Corcoran MH, LLC 212-957-4100
Bought with:
Rudis Rodriguez, 10301223762
Keller Williams Realty NYC Grp
Source: OneKey® MLS,MLS#: H6271389

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Water Heater
Interior area
- Total structure area: 5,316
- Total interior livable area: 5,316 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- Year built: 1951
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & neighborhood
Location
- Region: New York
Other
Other facts
- Listing agreement: Exclusive Right To Sell