521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
521 W 162nd Street, Manhattan, NY 10032
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Arun Lam Govada

Arun Lam Govada

+1(929) 383-6832
Listing Courtesy of Harlem Lofts Inc
$ 2,160,000
Est. payment | /mo

7 Beds

4 Baths

3,724 SqFt

Save
$ 2,160,000
Est. payment | /mo
Save

7 Beds

4 Baths

3,724 SqFt

Open House

Tue Sep 29, 9:00am - 9:15am

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,724 sqft

Price per Sqft $580

Subdivision Washington Heights

MLS Listing ID RLS20117414

Style Prewar,Loft

Bedrooms 7

Full Baths 4

HOA Y/N Yes

Year Built 1920

Annual Tax Amount $14,592

Property Sub-Type Duplex

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.

Location

State NY

County New York

Interior

Interior Features Eat-in Kitchen, High Ceilings

Heating Other

Cooling Window Unit(s)

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Other

Furnishings Unfurnished

Fireplace Yes

Appliance Dryer, Washer

Laundry Building None, In Unit

Exterior

Exterior Feature Building Garden, Garden, Private Outdoor Space Under 60 Sqft

View Y/N No

Porch Patio, Terrace

Private Pool No

Building

Dwelling Type Duplex,Multi Family,Townhouse

Story 4

New Construction No

Others

Tax ID 2122-0008

Ownership None

Monthly Total Fees $1, 216

Pets Allowed Building No, No

REBNY IDX
RLS Data display by eXp Realty

Go tour this home

521 W 162nd Street

GET MORE INFORMATION

Name*
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from eXp Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.