Overview of 414 East 115th Street, New York City NY 10029
Year Built1900
Parking
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Price/Sqft$326
PoolNo
Beds11
Bath4
Living Area5500 Sq. Ft.
Outdoor
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Description
One of a kind 4 units, free market, low taxes townhouse!
On one of the most desirable blocks in the heart of East Harlem.
With 10-15 new developments in a 5 block radius and many more in the pipeline this is one of the most active areas in Manhattan, including large box stores like Costco. This area is absolutely incredible.
Endless possibilities for different experience levels of investors!
Options:
- Renovate the PH and create your own PH with a private roof terrace! and 3+ income producing apartments.
- Renovate existing structures and create a nice multi unit rental property.
- Convert the building to a luxury multi unit 7-8 condominium.
and many more options...
Lot size: 18.75 x 100.92
Building size: 18.75 x 58
Zoning: R7B
FAR: 3
Projected rent role after renovations keeping the same structure: ~150K yr
Projected rent role After converting to a 5-8 unit rental: ~220K yr
Projected sell out for a condo keeping existing structure: ~4.8M
Projected sell out for a condo with maximizing the FAR: ~6.2M
Please call us today to arrange a private showing.
Two units occupied
Two vacant
Property Features For MLS #OLRS-0071868
Listing Details
None
Architecture
Prewar
Utilies
None
Property
Residential
Townhouse
Security
None
Interior Features
Applicances
None
Interior
None
Heating & Cooling
None
Flooring
None
Fireplace
None
Exterior Features
Outdoor
None
Roofing
None
Lot
None
Construction
None
Parking
None
Community Aspects
County
New York
Association fee
None
Community
None
Finance & Tax Information For 414 East 115th Street, New York City NY 10029
Not available
Additional Details for 414 East 115th Street, New York City NY 10029
7
Aug
7:00 PM - 6:00 PM
Open House
414 East 115th Street, New York City NY 10029
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Mortgage Calculator for 414 East 115th Street, New York City NY 10029
414 East 115th Street, New York City NY 10029
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