About this property

You’ve always been fascinated by the idea of owning a New York City townhouse! They conjure up the allure of a romantic, simpler life–-an oasis of sorts–-that will allow you to live, work

–and keep your sanity–amid the bustling, growing chaos in the city that you love!

The problem… To get a good deal, buying one takes renovation bucks, a lot of construction know-how, and the stomach to tackle townhouses that famously introduce themselves as “blank canvases” and invite you to “bring your architect.”

The solution… Find a townhouse that is move-in ready, hassle-free, and can even pay you back for buying it!

Meet 524 West 140th Street located in Harlem’s Hot Hamilton Heights. Come home to this charming, 2,825 sq ft, 4-family townhouse located between Hamilton Place and Amsterdam Avenue in the neighborhood that takes its name from the Founding Father who lived nearby in what is now the Hamilton Grange National Memorial back when Upper Manhattan was mostly farmland.

In 524 West 140th Street you can choose how much personal space you need. Maybe the efficient studio with a combo washer/dryer is just your size. Or, choose between two 1-bedrooms, one with a large windowed kitchen and private garden, or the 3rd floor with sky-light in the bathroom, in-unit washer/dryer, and a private deck off the king-size back bedroom. Or, if you need more space, choose the spacious 2-bedroom/1 windowed bath floor-thru with in-unit washer/dryer, large galley kitchen, and huge front bedroom/home office with two large bay windows. Once you’ve made your choice, let the other apartments help you pay the mortgage with monthly rent!

Even more reasons to consider 524 West 140th Street…

◆ Conveniently located. 524 West 140th Street is just steps from City College of New York; 10 blocks north of Columbia University’s new Jerome L. Greene Science Center campus on Broadway and West 130th Street; Riverside and Riverbank State Parks along the Hudson River Greenway; and a quick subway ride to Midtown and up/down Manhattan.

◆ Solid, turn-key investment. This property with 4 free-market, updated apartments with competitive market-rate rents offers a net annual rental income of $93K+ with a cap rate of 4.25% and good growth potential. 524 West 140th Street can be delivered occupied or fully/partially vacant at closing.

◆ Shhh–The Best Kept Secret. Own this turn-key, renovated Hamilton Heights townhouse for less than a typical 2 bed/2 bath condo on the Upper West Side!

Stories

Residential Units

Year Built

1899