542 West 110th Street
$4,950,000
8
5
2
4,565
4,565
$1,084
Description
Welcome to 542 Cathedral Parkway, a hidden gem in the Morningside Heights Historic District. This modern, all-electric building, designed by G. Phillip Smith & Douglas Thompson, stands out on the significant Upper West Side block with its striking design. This 25-foot wide, mixed-use building offers three spacious free-market apartments and a variable space in the finished lower level. With tenants covering their own heat and electric costs, this property is low-maintenance, making it an ideal opportunity...Welcome to 542 Cathedral Parkway, a hidden gem in the Morningside Heights Historic District. This modern, all-electric building, designed by G. Phillip Smith & Douglas Thompson, stands out on the significant Upper West Side block with its striking design. This 25-foot wide, mixed-use building offers three spacious free-market apartments and a variable space in the finished lower level. With tenants covering their own heat and electric costs, this property is low-maintenance, making it an ideal opportunity for both investors and end-users. Originally built on a vacant lot in 1988 and expanded to four floors in 1991, the building is reportedly framed for the addition of two more floors with provisions for an elevator. What sets this property apart is its potential for expansion. Set in a Landmarked District with a Non-Contributing label, there are approximately 6,874 square feet of unused air rights, allowing one to create add one or two stories, or create an 11 story new building. This makes it a prime investment for someone looking to increase its value, whether for personal use, a community facility, or possibly a medical office. Convenience is key, and 542 Cathedral Parkway delivers. Just a block from Riverside Park and steps from the 110th Street subway station, you're minutes away from everything the city has to offer. Enjoy quick access to Riverside Park, Morningside Park, Columbia University, Mount Sinai St. Luke's Hospital, and the northern corner of Central Park. Columbia University is just four blocks away, making this location perfect for students, faculty, or anyone who wants to be close to the action. Each apartment in the building is self-sufficient, featuring its own hot water heater, washer-dryer, and electric range. Heat is provided by baseboard heating and each apartment is equipped with wall-mounted air conditioners. Plus, the finished lower level offers an additional 800 square feet of rentable space, adding even more income potential. Whether you're an investor looking to maximize the building's growth potential, an end-user seeking a versatile living space, or someone who values convenience and accessibility, 542 Cathedral Parkway is the perfect place to call home.
Property Details for 542 West 110th Street
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LISTING UPDATED: 10/31/2024 03:41 PM
Property Details for 542 West 110th Street
Status | Active |
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MLS ID | RPLU-1032523174757 |
Days on Market | 42 |
Taxes | $1,572 / month |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 14.0 |
Compass Type | Townhouse |
MLS Type | House/Building |
Year Built | 1988 |
Lot Size | 1,773 SF / 70' x 25' |
County | New York County |
Building
Building Information for 542 West 110th Street
Stories-Year Built1988Building Size-Lot Size1,773 SF / 70' x 25'Building AgePost-warBuilding TypeTownhouse
Property Information for 542 West 110th Street
Property History for 542 West 110th Street
Date | Event & Source | Price | Appreciation | Link |
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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 542 West 110th Street
Taxable ValueLand-Additions-Total-
Home Facts
APN1018810053
Schools near 542 West 110th Street
This home is within New York City Geographic District # 3.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 165 Robert E Simon PublicPK to 5 | ||
Mott Hall Ii Public6 to 8 | ||
Young Women's Leadership School Public6 to 12 | ||
Jhs 54 Booker T Washington 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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