THE APARTMENT CAN BE DELIVERED VACANT TOO!!
Seize the chance to own a high-end, tenant-occupied apartment in the thriving neighborhood of South Harlem. This investment opportunity offers significant yield potential, backed by robust real estate growth and long-term tax advantages.
This is more than just a stylish, well-equipped apartment; it's a sustainable revenue generator. The property comes with a reliable, well-qualified tenant in place, who contributes a substantial monthly rent of $3,500 (Lease Expires 01/31/2024). What's more, with a 421A tax abatement valid for another 18 years, you can look forward to a substantial reduction in property taxes, enhancing your net return on investment.
Step into an elegant, open living room illuminated by contemporary recessed lighting. Experience the convenience and luxury of a Daikin split air conditioning system, providing customized temperature control for each room, all year round.
With two bedrooms boasting custom closets, storage concerns become a thing of the past. The master suite enhances comfort and practicality with its attached half bathroom.
Embrace intelligent investing with this chic income-generating property in South Harlem. Maximize your portfolio's value by capitalizing on the thriving real estate market. Seize this opportunity now for long-term rewards.
Sold
$849,956
77 E 110th St APT 5C, New York, NY 10029
2beds
919sqft
Condominium
Built in 2015
-- sqft lot
$850,600 Zestimate®
$925/sqft
$4,930 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 05, 2025 at 12:23pm
Listed by:
Shail Barot,
Corcoran
Source: StreetEasy,MLS#: S1669285
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 919
- Total interior livable area: 919 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Other
- Exterior features: Courtyard
- Has view: Yes
- View description: City, Garden, Park/Greenbelt
Details
- Parcel number: 016161013
- Special conditions: Sponsor Unit
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2015
Community & neighborhood
Security
- Security features: Doorman, Virtual Doorman
Community
- Community features: Doorman, Virtual Doorman
Location
- Region: New York
- Subdivision: South Harlem
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $394 monthly
- Amenities included: Laundry, Fitness Center, Elevator(s)
- Services included: Maintenance