Property Description

Nestled on a quiet, tree-lined street in the historic Hamilton Heights neighborhood, this fully renovated, legal free-market three-family brownstone presents a rare opportunity for discerning buyers. Offering exceptional flexibility, the property could possibly be delivered with tenants in place for immediate income or fully vacant for an end-user looking to occupy and customize.This four-story brownstone spans over 3,200 square feet, plus a finished basement with in-unit washer/dryer. The current layout features a spacious three-bedroom, two bath duplex across the ground and parlor levels, complete with direct access to a private backyard-your own tranquil retreat in the heart of Manhattan.Above, the top two floors each offer newly renovated one-bedroom, one-bath residences, both filled with natural light from oversized windows. One of the upper units also features a private outdoor space.Current Rental Income: Unit 1 - 3BR / 2BA Duplex with backyard: $5,600/month Unit 2 - 1BR / 1BA: $2,650/month Unit 3 - 1BR / 1BA with outdoor space: $2,700/monthTotal Annual Income: $131,400Annual Expenses: Insurance: $4,500 Water: $1,200 Taxes: $4,700 Sprinkler Maintenance: $900Total Expenses: $11,300Whether you're an investor seeking a strong, turn-key asset or a homeowner looking to create a dream residence with supplemental income, this brownstone offers outstanding versatility. Blending classic architectural charm with modern updates, this is a rare opportunity to own a beautifully restored property in one of Upper Manhattan's most sought-after neighborhoods.

Property Features

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