18 W 127th Street New York, NY $ 2,500,000
18 W 127th Street
$ 2,500,000
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18 W 127th Street

New York, NY, 10027
$ 2,500,000
Baths0.0 Sq 4,100

Monthly Estimate*

$ 17,463

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Studio Multi-Family Home for sale in New York, NY for $2,500,000. This 4,100 square foot home was built in 1909.

A unique investment opportunity to own a 4100 sq. ft. four-unit multifamily walk-up, with approximately 19' of frontage on a quaint and quiet residential block in Central Harlem. Needs work the building has five (5) stories and includes a duplex unit on the parlor and garden floors and three floor-through units. There is also private outdoor space on the garden floor and third floor. This property is A Perfect opportunity for builder, developer or contractor, Building permits filed and approved. Electrical and Plumbing ruffing completed with most sheet rock. Perfect to live plus income or conversion into a high end two family on a tree-lined street just blocks away from Marcus Garvey Park and the Lenox Avenue retail corridor with renowned Harlem restaurants such as Red Rooster, Corner Social, and Sylvia's. 125th Street two blocks south has become Harlem's most exciting and rapidly developing retail corridors, future home of Whole Foods and other major retailers. Ownership has installed a brand new gas boiler and the building is separately metered for electric and gas. Since the property will be delivered vacant, future ownership will immediately be able to renovate and capitalize on the neighborhood's rapidly rising rents or high condo sellout values in the area. The building is within close proximity to the 2 and 3 subway lines on West 125th Street and Lenox Avenue, as well as many bus routes that canvas the area.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 23,649

Style

Year Built

1909

Town/City

New York

County/Region

MANHATTAN

MLS | Web ID

H6259841

Features
Interior
Basement Partially Finished
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General
High School Call Listing Agent
High School District City of New York
Middle/Junior High School Call Listing Agent
Middle/Junior School District City of New York
Elementary School District City of New York
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* Excluded Features
List By
Elizabeth Vega

Listing Agent

R New York

Broker

elizabethveg7@gmail.com

Email

Affordability Calculator

$19,434
Per Month
90%
10%
0%
Monthly Principal & Interest
$17,463
Monthly Property Taxes
$1,971
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101430 Elementary School
4101254 Middle School
Call Listing Agent High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2023$2,500,000 Listed Price

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18 W 127th Street, New York, NY, 10027 is a Multi-Family Home for sale at $2,500,000 with 4,100 sqft. 18 W 127th Street is a studio with 0.0 baths and was built in 1909. The property's zip code is 10027 which is in New York, NY