Building & Unit Features
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 $3,500 (Lease Expires 01/31/2024). 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.
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 $3,500 (Lease Expires 01/31/2024). 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.
Floor: 5
Stories: 9
Units: 20
Total Rooms: 4
Pet Policy: No Pets
Courtesy Of Corcoran Group
Estimated Monthly Costs
$4,298
Est. Mortgage
Est. Mortgage
$394
Common Charges
Common Charges
$ 39
Real Estate Tax
Real Estate Tax
$4,731
Monthly Total*
Monthly Total*
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS IDX Data display by Rent NY Real Estate™. IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.