This three-family townhouse in Central Harlem offers an excellent investment opportunity at 4% Cap rate or the potential for conversion into a single-family home. Currently fully leased and 100% free-market. It features 3,552 sq. ft. of interior space, including a finished 888 sq. ft. basement with a bathroom. The triplex includes three bedrooms, two bathrooms, and an open kitchen, with high ceilings and central AC in each unit. The basement can serve as an art studio, office, or recreation room. Located on a beautiful tree-lined street, the property is near the 2/3, A/B/C trains, and several bus routes, providing easy access to Midtown. Positioned in a rapidly appreciating market, it offers great future value potential.
Assessed Value is a combination of the land and additions.
2024
$7,080
(+6%)
$35,249
Land 9,890 +
Additions 25,359
2023
$6,679
(+12.68%)
$33,254
Land 9,501 +
Additions 23,753
2022
$5,928
(+7.46%)
$126,660
Land 38,400 +
Additions 88,260
2021
$5,516
(+11.95%)
$125,760
Land 38,400 +
Additions 87,360
2020
$4,927
(+11.74%)
$143,220
Land 38,400 +
Additions 104,820
2019
$4,410
(+28.48%)
$143,220
Land 38,400 +
Additions 104,820
2017
$3,432
$27,712
Land 7,100 +
Additions 20,612
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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