18 W 127th Street

Description

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.