521 W 162nd ST New York (manhattan), NY 10032
Open House
Thu Jun 04, 9:00am - 9:15am
Tue Jun 09, 9:00am - 9:15am
Thu Jun 11, 9:00am - 9:15am
Tue Jun 16, 9:00am - 9:15am
Thu Jun 18, 9:00am - 9:15am
Tue Jun 23, 9:00am - 9:15am
Thu Jun 25, 9:00am - 9:15am
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 981159
Rental Info No
Year Built 1920
Annual Tax Amount $14,592
Property Sub-Type Duplex
Source onekey2
Property Description
Welcome to 521 West 162nd Street, an elegant, fully renovated three-family limestone-facade townhouse that represents an exceptional opportunity for an Owner-Landlord or Investor! This lovely 19-foot-wide residence is divided into a welcoming, loft-style Three-Bedroom Owner's Duplex and two beautiful Two-Bedroom rental apartments on the Parlor and Garden Levels. An Investor can expect an excellent cash on cash return (pro forma 6%) from the property!
The Upper Level of the Owner's Duplex apartment features a beautiful open-plan loft-style living space with high ceilings, large windows and skylights for a wonderful sense of light and space, , exposed brick and rafters and hardwood floors, a gas fireplace and dining area, and a wonderful chef's island kitchen. Downstairs are three Bedrooms and two Bathrooms, one en-suite from the Master Bedroom which also features a Walk-In Closet, and Laundry.
The two fully renovated Two-Bedroom apartments on the Parlor and Garden Levels of the house also feature exposed brick, open-plan Kitchen and Dining areas, and in-unit Laundry, and there is a sunny, well-kept Back Yard accessible from the Basement and Garden Levels. The potential rent roll positions the property to generate a very healthy return.
This home is a short 15-minute walk to City College and is in close proximity to Columbia Presbyterian Medical Center, a stones throw from the Jumel Terrace historical district. The Broadway and St. Nicholas Avenue commercial corridors are within easy reach with shopping, restaurants, cafes, and bars. The C-line subway at 163rd Street and the M2, M3 and M100 buses are all within a few steps of the house.
Location
State NY
County New York (manhattan)
Rooms
Basement See Remarks
Interior
Interior Features Eat-in Kitchen, High Ceilings, Walk-In Closet(s)
Heating Other, See Remarks
Cooling None
Flooring Hardwood
Fireplaces Type Wood Burning
Fireplace No
Exterior
Exterior Feature Garden
Parking Features Other
Utilities Available See Remarks
Garage false
Building
Foundation Other
Sewer Other
Water Other
Structure Type Other
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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