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427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
427 Convent Avenue
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427 Convent Avenue
427 Convent Avenue
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For Sale

427 Convent Avenue

427 Convent Avenue, New York City, NY 10031

$2,450,000
$2,450,000

427 Convent Avenue

7 Beds 7 Baths 2,688 Sq.Ft. 2,688 Sq.Ft.

Description

5%+ Cap Rate! User/Purchaser or Investor Friendly Opportunity

Welcome to the Sugar Hill Historic District of Hamilton Heights, a neighborhood filled with old growth trees and turn of the century townhouses sitting high above the valley of Central Harlem. Hamilton Heights is named after Alexander Hamilton, who built his home here. This is a neighborhood rich with history from jazz legends, the beautiful City College Campus and has 5 subway lines and 5 parks within a 10-minute walk of this 5-family townhouse.

The house, built in 1926 and renovated in 2016, is fully leased with market rate rents. On the garden level and parlor floor is a 3-bedroom, 3 bath duplex with high ceilings and exclusive access to the approximately 425 sq ft. garden and W/D. This can be used as an owner's duplex- presently rented month to month. On the 3rd and 4th Floor are 2 Studios per floor. Setup sheet available on request.

The home has East and West Facing exposures that provide great natural light throughout the day and is located on a townhouse heavy section of the neighborhood- so even the garden level space gets great natural light not blocked by tall buildings. Low property taxes of just $647/month. Convent Avenue consists of mostly residential properties and the City College campus which limits vehicle traffic- so residents are treated to a much calmer, quieter and more desirable living experience.

All new building systems (boiler, roof, meters, etc) were installed when the building was renovated in 2016 and well maintained since. The house is built 16' x 54' on a lot that is 16'x85'. Gross Square Footage is 3,456 including the garden level.

Sugar Hill is Featured on the Harlem Stories Podcast!

Share Property

Location

427 Convent Avenue, New York City, NY 10031

Status

For Sale
$2,450,000

427 Convent Avenue

7 Beds 7 Baths 2,688 Sq.Ft. 2,688 Sq.Ft.

Description

5%+ Cap Rate! User/Purchaser or Investor Friendly Opportunity

Welcome to the Sugar Hill Historic District of Hamilton Heights, a neighborhood filled with old growth trees and turn of the century townhouses sitting high above the valley of Central Harlem. Hamilton Heights is named after Alexander Hamilton, who built his home here. This is a neighborhood rich with history from jazz legends, the beautiful City College Campus and has 5 subway lines and 5 parks within a 10-minute walk of this 5-family townhouse.

The house, built in 1926 and renovated in 2016, is fully leased with market rate rents. On the garden level and parlor floor is a 3-bedroom, 3 bath duplex with high ceilings and exclusive access to the approximately 425 sq ft. garden and W/D. This can be used as an owner's duplex- presently rented month to month. On the 3rd and 4th Floor are 2 Studios per floor. Setup sheet available on request.

The home has East and West Facing exposures that provide great natural light throughout the day and is located on a townhouse heavy section of the neighborhood- so even the garden level space gets great natural light not blocked by tall buildings. Low property taxes of just $647/month. Convent Avenue consists of mostly residential properties and the City College campus which limits vehicle traffic- so residents are treated to a much calmer, quieter and more desirable living experience.

All new building systems (boiler, roof, meters, etc) were installed when the building was renovated in 2016 and well maintained since. The house is built 16' x 54' on a lot that is 16'x85'. Gross Square Footage is 3,456 including the garden level.

Sugar Hill is Featured on the Harlem Stories Podcast!

Share Property

Location

427 Convent Avenue, New York City, NY 10031

Status

For Sale
Adam Feinberg

Adam Feinberg

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms7
  • full bathrooms7
  • Laundry room Building In Basement

Area & Lot

  • Status For Sale
  • Living Area2,688 Sq.Ft.
  • Total Area2,688 Sq.Ft.
  • Lot Area2,688 Sq.Ft.
  • MLS® IDRLS20057789
  • TypeMulti-Family
  • YEAR BUILT1926
  • NeighborhoodHamilton Heights

Exterior

  • other exterior FeaturesPrivate Outdoor Space Under 60 Sqft

Financial

  • Sales Price$2,450,000
  • Real Estate Tax $7,764/yr
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Schedule a Showing

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Thank you for your interest in 427 Convent Avenue, New York City, NY 10031. We are reviewing your request and will be in touch shortly!

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