509 west 150th street Manhattan, NY 10031




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Key Details

Property Type: Townhouse

Listing Status: Active

Purchase Type: For Sale

MLS Listing ID: NEST-49757

Property Description

Legal 4 family home and Investor friendly! I present to you the beautiful opportunity to purchase a Harlem brownstone with tremendous upside in potential personal living space, rental income and/or condo re-sale income. Located in the highly sought after Hamilton Heights section of Harlem this distinguished building sits on a historic tree lined block, simply awaiting your vision. Rent RollApt 1 $ 200 rent controlApt 2 $ VacantApt 3 $1,600Apt 4 $1,995Total Rents = $3,795 (Monthly) / $45,540 (Yearly)Current Tax Bill (Year 2016) = $10,544Building dimensions 15 ft x 61 ft / Roof height 46 ft / Lot dimensions 15 ft x 99.92 ftEXPENSE ASSUMPTIONSWater (estimated) = $ 2,650 (annually)Insurance (estimated) = $ 1,960 (annually)Fuel (estimated) = $ 5,346 (annually)Electric (estimated) = $ 891 (annually)Payroll / Super = [$400/month] or $ 4,800 (annually)Repairs & Maintenance = $2,000 (annually)Total Yearly Expense (Estimated) = $17,647


State: NY

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