About the Listing 7222 - 34879,54953

Residential investment opportunity in a desirable Central Harlem location on Fifth Avenue and 127th Street near several popular restaurants, bars, shops, Morningside and Marcus Garvey Parks and convenient train options. This historic 4-story building offers 9 renovated free-market, 1-4 bed residential units. The building features central air, in-unit laundry and several units with outdoor spaces, a common roof deck and private storage. This sale is also being offered as a bundle in conjunction with two other Harlem residential buildings with free-market units, all with one blanket mortgage that can be assumed with the right buyer. Inquire for the offering memorandum with further details. Property Information: Desirable Central Harlem location on Fifth Avenue and 127th Street near retail, Marcus Garvey Park and transportation options. Residential building with 9 free-market units: Units range from 1-beds to 2- and 3-bed, 2-bath layouts. Lot Size: 25 ft x 100 ft Building Size: 25 ft x 98 ft Building square footage: 9,221 Electric all separately metered. Central air for all units. Private outdoor for several units. Common roof deck. Zoning: R7-2, C1 4 Stories Year Built: 1910 Brick/masonry construction Block & Lot: 01725-0035 Property taxes: $21,312 / Annual Offered at: $4,800,000 Offered also in conjunction with two other Harlem residential buildings with one assumable mortgage - Properties located at 56 East 130th Street and 240 Lenox Avenue.

Listing Highlights