321 CONVENT AVE, TOWNHOUSE

$1,500,000
5
beds
2
Baths
1
Partial Bath
Single Family Townhouse

AGENTS

Brian Phillips
Brian Phillips
  • Licensed Associate Real Estate Broker
V-Card

Property Description

Click for NYS Housing Discrimination Disclosure Notice & Form


Vacant and ready for an immediate sale! Located in the gold coast of the historic landmark of Hamilton Heights, on Convent Ave south of West 145th St, offered is a 3,681 square feet, 5 story, re-development opportunity. 20+/- feet wide by 57+/- ft built on a 20+/- by 100+/- ft lot this townhouse has a possible roof deck and a rear yard. 2,320+/- square feet of unused FAR. R6A zoning. In need of a full renovation and sold subject to existing DOB & ECB violations. Not an SRO. Videos provided upon request. Projected Rent: $3+/- per sqft per month x 3,681 sqft $11,043 monthly income or $132,516 annual income (based on actual recent neighborhood rented comps). Projected annual expenses: $75,000+/-. Projected 4% cap rate.

Walk to all including the A, B, C, D, #1 subway trains as well a Jackie Robinson Park, the Alexander Hamilton Grange in St Nicholas Park, Riverbank State Park, restaurants, supermarkets, and shops. Easy commute to Columbia University.
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PROPERTY DETAILS

  • Interior
    3,681 Sq Ft.
  • Property Type
    Single Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $2,016
  • Year Built
    1910
  • MLS/Listing ID
    22134227

Amenities

  • Pre-War
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