273 Pleasant Avenue Manhattan, NY $ 2,495,000
273 Pleasant Avenue
$ 2,495,000
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273 Pleasant Avenue

Manhattan, NY, 10029
$ 2,495,000
Bedrooms8 Baths4.0 Sq 2,400

Monthly Estimate*

$ 17,428

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Townhouse for sale in Manhattan, NY

for $2,495,000 with 8 bedrooms and 4 full baths. This 2,400 square foot townhouse was built in 1900.

Introducing a distinguished income-generating property at 273 Pleasant Ave, nestled in the vibrant neighborhood of East Harlem. This prime free market, value-add property is ready for a new owner seeking either passive income or a redevelopment opportunity. The property features One 1 bed, 1 bath and Three 2 bed, 1bath apartments. There are 13-foot ceilings on the 2nd floor, exposed brick a delightful rear garden for the first floor tenant and an offering of everyday conveniences central to this pocket of Harlem. 273 Pleasant Ave offers four fully free-market units, offering versatility and the potential for substantial income. Rents are current and roughly 52% below market rate for comparable renovated units. Located near the beautiful Thomas Jefferson Park which offers numerous sports fields, a dog park, and community pool on the Harlem River waterfront. The property is also located at the doorstep of the Manhattan Center for Science and Mathematics, as well as the iconic (and impossible to get a reservation) Rao’s Italian restaurant. Offering an impressive proforma cap rate of 5.5% and situated between two properties that are in the process of being redeveloped, this property has can be delivered vacant, or with tenants in place to maintain cash flow while the purchaser finalizes plans to reposition the property. Seize this excellent opportunity to invest in East Harlem — a property that promises not just returns but also the potential to make a unique mark in a thriving community. **As per owner, no access will be allowed until after accepted offer.**

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Townhouse Active

Price

$ 2,495,000

Bedrooms

8

Full Bath

4

Property Type

Townhouse

Taxes

$ 5,832

Style

WalkUp

Year Built

1900

Town/City

Manhattan

County/Region

New York

MLS | Web ID

COMP1556755687940698737

Features
General
Interior Features HighCeilings
Heating Baseboard NaturalGas
Exterior Features Garden PrivateYard
HOA 400.0
Architectural Style WalkUp
Pets Allowed BuildingNo CatsOK DogsOK
Year Built 1900
Property SubType Townhouse
Assoc Fee Paid Per Monthly
County NewYork
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name East Harlem
Garage Y/N No
Total Rooms 12
City NewYorkCity
Total Units 4
Street Name Pleasant
Tax Annual Amount 5832.0
Structure Type MultiFamily Quadruplex Townhouse
Building Area Units SquareFeet
Standard Status Active
Tax Lot 124
Expected Active Date 2024-04-17
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Interior
Basement Full
Flooring Hardwood Laminate
Furnished Y/N Unfurnished
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Full Baths 4
Half Baths 0
Street Suffix Avenue
Laundry Features SeeRemarks
Total Bedrooms 8
Total Baths 4
Living Area Units SquareFeet
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Exterior
Lot Size Area 0.0
Building Area Total 2400.0
Lot Dimensions 12.790000x74.000000
Lot Size Units SquareFeet
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* Excluded Features
List By
Sean Sasso

Listing Agent

Compass

Broker

(917) 702-6660

Phone

Affordability Calculator

$17,914
Per Month
97%
3%
0%
Monthly Principal & Interest
$17,428
Monthly Property Taxes
$486
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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The time to sell is now
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Nearby
1503813 Elementary School
1503814 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$2,495,000 Listed Price

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273 Pleasant Avenue, Manhattan, NY, 10029 is a Townhouse for sale at $2,495,000 with 2,400 sqft. 273 Pleasant Avenue has 8 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 10029 which is in Manhattan, NY