521 West 162nd Street
Washington Heights | Saint Nicholas Avenue & Broadway
Ownership
Multi-Family
Lot Size
19'x100'
Floors/Apts
3/3
Status
Active
Real Estate Taxes
[Per Annum]
$ 14,592
Building Type
Townhouse
Building Size
19'x52'
Year Built
1920
ASF/ASM
3,125/290
Property Description
Welcome to 521 West 162nd Street, an elegant, fully renovated three-family limestone-facade townhouse that represents an exceptional opportunity for an Owner-Landlord or Investor! This lovely 19-foot-wide residence is divided into a welcoming, loft-style Three-Bedroom Owners Duplex and two beautiful Two-Bedroom rental apartments on the Parlor and Garden Levels. An Investor can expect an excellent cash on cash return (pro forma 6%) from the property!
The Upper Level of the Owners Duplex apartment features a beautiful open-plan loft-style living space with high ceilings, large windows and skylights for a wonderful sense of light and space, , exposed brick and rafters and hardwood floors, a gas fireplace and dining area, and a wonderful chefs island kitchen. Downstairs are three Bedrooms and two Bathrooms, one en-suite from the Master Bedroom which also features a Walk-In Closet, and Laundry.
The two fully renovated Two-Bedroom apartments on the Parlor and Garden Levels of the house also feature exposed brick, open-plan Kitchen and Dining areas, and in-unit Laundry, and there is a sunny, well-kept Back Yard accessible from the Basement and Garden Levels. The potential rent roll positions the property to generate a very healthy return.
This home is a short 15-minute walk to City College and is in close proximity to Columbia Presbyterian Medical Center, a stones throw from the Jumel Terrace historical district. The Broadway and St. Nicholas Avenue commercial corridors are within easy reach with shopping, restaurants, cafes, and bars. The C-line subway at 163rd Street and the M2, M3 and M100 buses are all within a few steps of the house.
Showings are by appointment.
The Upper Level of the Owners Duplex apartment features a beautiful open-plan loft-style living space with high ceilings, large windows and skylights for a wonderful sense of light and space, , exposed brick and rafters and hardwood floors, a gas fireplace and dining area, and a wonderful chefs island kitchen. Downstairs are three Bedrooms and two Bathrooms, one en-suite from the Master Bedroom which also features a Walk-In Closet, and Laundry.
The two fully renovated Two-Bedroom apartments on the Parlor and Garden Levels of the house also feature exposed brick, open-plan Kitchen and Dining areas, and in-unit Laundry, and there is a sunny, well-kept Back Yard accessible from the Basement and Garden Levels. The potential rent roll positions the property to generate a very healthy return.
This home is a short 15-minute walk to City College and is in close proximity to Columbia Presbyterian Medical Center, a stones throw from the Jumel Terrace historical district. The Broadway and St. Nicholas Avenue commercial corridors are within easy reach with shopping, restaurants, cafes, and bars. The C-line subway at 163rd Street and the M2, M3 and M100 buses are all within a few steps of the house.
Showings are by appointment.
Welcome to 521 West 162nd Street, an elegant, fully renovated three-family limestone-facade townhouse that represents an exceptional opportunity for an Owner-Landlord or Investor! This lovely 19-foot-wide residence is divided into a welcoming, loft-style Three-Bedroom Owners Duplex and two beautiful Two-Bedroom rental apartments on the Parlor and Garden Levels. An Investor can expect an excellent cash on cash return (pro forma 6%) from the property!
The Upper Level of the Owners Duplex apartment features a beautiful open-plan loft-style living space with high ceilings, large windows and skylights for a wonderful sense of light and space, , exposed brick and rafters and hardwood floors, a gas fireplace and dining area, and a wonderful chefs island kitchen. Downstairs are three Bedrooms and two Bathrooms, one en-suite from the Master Bedroom which also features a Walk-In Closet, and Laundry.
The two fully renovated Two-Bedroom apartments on the Parlor and Garden Levels of the house also feature exposed brick, open-plan Kitchen and Dining areas, and in-unit Laundry, and there is a sunny, well-kept Back Yard accessible from the Basement and Garden Levels. The potential rent roll positions the property to generate a very healthy return.
This home is a short 15-minute walk to City College and is in close proximity to Columbia Presbyterian Medical Center, a stones throw from the Jumel Terrace historical district. The Broadway and St. Nicholas Avenue commercial corridors are within easy reach with shopping, restaurants, cafes, and bars. The C-line subway at 163rd Street and the M2, M3 and M100 buses are all within a few steps of the house.
Showings are by appointment.
The Upper Level of the Owners Duplex apartment features a beautiful open-plan loft-style living space with high ceilings, large windows and skylights for a wonderful sense of light and space, , exposed brick and rafters and hardwood floors, a gas fireplace and dining area, and a wonderful chefs island kitchen. Downstairs are three Bedrooms and two Bathrooms, one en-suite from the Master Bedroom which also features a Walk-In Closet, and Laundry.
The two fully renovated Two-Bedroom apartments on the Parlor and Garden Levels of the house also feature exposed brick, open-plan Kitchen and Dining areas, and in-unit Laundry, and there is a sunny, well-kept Back Yard accessible from the Basement and Garden Levels. The potential rent roll positions the property to generate a very healthy return.
This home is a short 15-minute walk to City College and is in close proximity to Columbia Presbyterian Medical Center, a stones throw from the Jumel Terrace historical district. The Broadway and St. Nicholas Avenue commercial corridors are within easy reach with shopping, restaurants, cafes, and bars. The C-line subway at 163rd Street and the M2, M3 and M100 buses are all within a few steps of the house.
Showings are by appointment.
Listing Courtesy of Harlem Lofts, Inc.
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Apartment Features
A/C [Window Units]
Outdoor
Patio
Terrace
Building Details [521 West 162nd Street]
Ownership
Multi-Family
Service Level
Voice Intercom
Access
Walk-up
Block/Lot
2122/8
Building Size
19'x52'
Zoning
R7-2
Building Type
Townhouse
Year Built
1920
Floors/Apts
3/3
Lot Size
19'x100'
Building Amenities
Stoop Entry
Mortgage Calculator in [US Dollars]
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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