Nestled on a quiet, tree-lined street in the historic Hamilton Heights neighborhood, this fully renovated, legal free-market three-family brownstone presents a rare opportunity for discerning buyers. Offering exceptional flexibility, the property could possibly be delivered with tenants in place for immediate income or fully vacant for an end-user looking to occupy and customize.This four-story brownstone spans over 3,200 square feet, plus a finished basement with in-unit washer/dryer. The current layout features a spacious three-bedroom, two bath duplex across the ground and parlor levels, complete with direct access to a private backyard-your own tranquil retreat in the heart of Manhattan.Above, the top two floors each offer newly renovated one-bedroom, one-bath residences, both filled with natural light from oversized windows. One of the upper units also features a private outdoor space.Current Rental Income: Unit 1 - 3BR / 2BA Duplex with backyard: $5,600/month Unit 2 - 1BR / 1BA: $2,650/month Unit 3 - 1BR / 1BA with outdoor space: $2,700/monthTotal Annual Income: $131,400Annual Expenses: Insurance: $4,500 Water: $1,200 Taxes: $4,700 Sprinkler Maintenance: $900Total Expenses: $11,300Whether you're an investor seeking a strong, turn-key asset or a homeowner looking to create a dream residence with supplemental income, this brownstone offers outstanding versatility. Blending classic architectural charm with modern updates, this is a rare opportunity to own a beautifully restored property in one of Upper Manhattan's most sought-after neighborhoods.
Listing By
Agency Name: MYNY Residential
Agency Contact: 718-921-3100
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 5,413.55 per month $4,440.01 Principal & Interest $391.67 Property Tax $581.88 Homeowner's InsuranceColdwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
518 W 149th Street | MLS# 979451
This multi-family property located at 518 W 149th Street , New York, NY 10031 is currently listed for sale with an asking price of $1,995,000. W 149th Street is located within the Manhattan 6 school district. Search New York real estate on www.coldwellbankerchoice.com today.