New Listing - 10/11/2024
Open House Schedule
10/19/2024
1:00 PM to 2:30 PM
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10/20/2024
1:30 PM to 3:00 PM
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515 1/2 E 118th Street, New York, NY, 10035
12 rooms
8 beds
4 Full baths
1900
Other
Nestled in the historic neighborhood of East Harlem on a quiet dead end street, this completely renovated 2-family brownstone presents a unique investment opportunity for discerning buyers. This stunning property spans four stories high plus a fully finished basement, featuring 10-foot ceilings that combines modern design with the building's original facade. This is a legal 2 family / SRO. The property fits any buyer looking. This gem is perfectly laid out allowing the end user to simply add a wall and door and create an owner's duplex or triplex with a rental unit above, or have a 4-bedroom rental over a 4-bedroom rental if rental income is the priority. Highlights & Values - Fully Renovated: Enjoy the perfect blend of modern elegance and historical charm in this fully updated brownstone. - Optimal Flexibility: The property will be delivered 100% vacant, allowing potential owners to tailor the space according to their preferences and investment goals. - Ample Space: With each floor featuring a full bath, the layout is both practical and luxurious. - Premium Finishes & Modern Kitchen: Hardwood cream floors, 6-foot-tall windows, and an abundance of natural sunlight create a warm and inviting atmosphere. Two European-style kitchens equipped with white marble countertops, white cabinets, and gold accessories offer a simple yet sophisticated feel. - Prime Location: Centrally located in East Harlem, this property sits at the nexus of convenience and charm. The iconic East River Plaza, home to Costco, Marshalls, Old Navy, Aldi & more is a stone's throw away. This neighborhood offers a vibrant mix of shopping, dining, and entertainment options. - Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient. - Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. This brownstone is 17ft x 48ft with over 60ft in the backyard and an excellent investment opportunity for both first-time homebuyers and seasoned investors, with high rental potential in a sought-after location.
Status:
Active
Type:
Multi-family
Units:
2
Heating:
Other, See Remarks
Cooling:
Central Air
Basement:
See Remarks
Parking:
On Street
Acreage:
0.04
Est. Taxes:
$1,980
Construction
Other
Middle School:
Ps 206 Jose Celso Barbosa
High School:
Manhattan Center-Science & Math
School District:
Manhattan 4
Appliances:
Dishwasher, Dryer
MLS #:
3584709
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Listing courtesy of Coldwell Banker Reliable R E 718-921-3100