515 1/2 East 118th Street
$1,950,000
8
4
2,400
2,400
$813
Description
Nestled in the historic neighborhood of East Harlem on a quiet dead end street, this completely renovated 2-family brownstone presents a unique investment opportunity for discerning buyers. This stunning property spans four stories high plus a fully finished basement, featuring 10-foot ceilings that combines modern design with the building's original facade. This is a legal 2 family / SRO. The property fits any buyer looking. This gem is perfectly laid out allowing the end user to simply add a wall...Nestled in the historic neighborhood of East Harlem on a quiet dead end street, this completely renovated 2-family brownstone presents a unique investment opportunity for discerning buyers. This stunning property spans four stories high plus a fully finished basement, featuring 10-foot ceilings that combines modern design with the building's original facade. This is a legal 2 family / SRO. The property fits any buyer looking. This gem is perfectly laid out allowing the end user to simply add a wall and door and create an owner's duplex or triplex with a rental unit above, or have a 4-bedroom rental over a 4-bedroom rental if rental income is the priority. Highlights & Values - Fully Renovated: Enjoy the perfect blend of modern elegance and historical charm in this fully updated brownstone. - Optimal Flexibility: The property will be delivered 100% vacant, allowing potential owners to tailor the space according to their preferences and investment goals. - Ample Space: With each floor featuring a full bath, the layout is both practical and luxurious. - Premium Finishes & Modern Kitchen: Hardwood cream floors, 6-foot-tall windows, and an abundance of natural sunlight create a warm and inviting atmosphere. Two European-style kitchens equipped with white marble countertops, white cabinets, and gold accessories offer a simple yet sophisticated feel. - Prime Location: Centrally located in East Harlem, this property sits at the nexus of convenience and charm. The iconic East River Plaza, home to Costco, Marshalls, Old Navy, Aldi & more is a stone's throw away. This neighborhood offers a vibrant mix of shopping, dining, and entertainment options. - Efficient Transit & Connectivity: Benefit from seamless transportation options, making daily commutes and leisurely travels equally convenient. - Solid Income Potential: Given its size, location, and unit mix, this property is poised to provide a steady and significant income stream, making it a coveted asset for those looking to bolster their real estate portfolio. This brownstone is 17ft x 48ft with over 60ft in the backyard and an excellent investment opportunity for both first-time homebuyers and seasoned investors, with high rental potential in a sought-after location.
- Listed by Christopher F. Bowser • Coldwell Banker Reliable R EP: (718)-921-3100 C: (617)-874-7800 chris@cbrnyc.com
Property Details for 515 1/2 East 118th Street
Architectural Style
Other
Section AreaPleasant Avenue
LISTING UPDATED: 12/08/2024 01:39 PM
Property Details for 515 1/2 East 118th Street
Status | Active |
---|---|
MLS ID | 3584709 |
Days on Market | 61 |
Taxes | $1,980 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 12.0 |
Compass Type | Multi Family |
MLS Type | Duplex |
Year Built | 1900 |
Lot Size | 1,682 SF / 17' x 101' |
County | New York County |
Building
Building Information for 515 1/2 East 118th Street
Stories4Residences8Year Built1900Building Size16.67' x 48'Building Sq. Ft3,200.64 SFLot Size1,682 SF / 17' x 101'Building Age-Building Type-
Property Information for 515 1/2 East 118th Street
Property History for 515 1/2 East 118th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 515 1/2 East 118th Street
Taxable ValueLand$59,400Additions$141,480Total$200,880
Home Facts
Total Finished SqFt2,400 SqFtLot Size1,682 SqFtYear Built1900ZoningR7BAPN1018150110
Schools near 515 1/2 East 118th Street
This home is within New York City Geographic District # 4.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 3 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. Ms 206 Jose Celso Barbosa Public3 to 8 | ||
Manhattan Center for Science & Mathematics Public9 to 12 | ||
Isaac Newton Ms For Math And Science Public6 to 8 | ||
Global Technology Preparatory Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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