Description
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 $3,645 (Lease Expires 04/30/2024). 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.
View More
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 $3,645 (Lease Expires 04/30/2024). 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.
Building Features 9 Floors20 Units
elevator
intercom
courtyard
gym
pet friendly
storage
laundry
Unit Features
garage
Exposures: South
Pet Policy: UnitNo
$900,000 / $946 per ft²
Listed on Jun 30, 2023
231 Days on Market
2 Beds / 1.5 Baths / 951 ft²
Total Monthly expenses: $449
Maintenance: $408 / R.E. Taxes $41
Exclusively listed with: Corcoran Group Source: RLS
Shail Barot
sunny.barot@corcoran.com
(929) 273-8757
Listing Courtesy of Corcoran Group
View Listing
Unit listing history
| Date | Status | Amount | Listed by | Owner Name | ||
|---|---|---|---|---|---|---|
| Loading History... | ||||||
