521 West 162nd Street

About this property

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 Owner’s Duplex and two beautiful Two-Bedroom rental apartments on the Parlor and Garden Levels. The Owner can expect an excellent cash on cash return for a property of this quality.

The Upper Level of the Owner’s Duplex apartment features a beautiful open-plan 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 chef’s 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.

Square footage excludes the basement. Showings are by appointment. Please contact the listing broker today for your private viewing!

Listing Courtesy of Robert D Pair