8 West 121st StreetUpper Manhattan, NYC / $3,945,000
SMART INVESTMENT !! MAGNIFICENT HOME !!
Located on one of the most beautiful tree-lined streets in Harlem's Mount Morris Park Historic District, 8 West 121st Street is a nearly 120-year-old Landmark Renaissance Revival Brownstone Row House restored to its' historic and elegant grandeur. There's a tree-lined street view in the front and sun-filled garden view from the south facing rear. There are four floors, a ground/garden level with and private gated front patio and a full rear patio/garden plus a cellar -housing four storage cages, a half bath and super's office. Wherever possible original details such as a mahogany bench with built-in original mirror in the building entrance foyer, 9 decorative fireplaces each with their original ornate mantel pieces, stunning original 3" Solid Core Mahogany Pocket Doors in the Unit 1/parlor level entrance foyer, the building's gorgeous mahogany staircase banister and the 105 year old stained glass window panel over the built-in cedar-lined dining banquette in the Unit 1/parlor level -were all painstakingly restored. The purchaser has various usage options from which to choose: maintain it as the profitable investment property it is by renewing the three current leases (Units 1 & 2 exp. 5/2020 and Unit 3 exp. 8/2021) or move into either unit one or two while collecting market rate rents or wait until after 8/2021 for Unit 3 to become available and reconfigure the entire townhouse into your own grand private single-family home. All three are non-stabilized leases at market rate rents. With its' remarkably low annual real estate taxes, whichever option you choose -it's an exceptional investment opportunity and a magnificent home. Apartment #1 (approx. 2,500 sq. ft.) 3Br/2.5Bth ,FDR, Sep Windowed Kitchen, Duplex, 3 DCPLCS, Front Patio, Rear Garden Apartment #2 (approx. 1,250 sq. ft.) 3Br/1Bth, Pass-through Kitchen, Simplex/floor-thru, 2 DCPLCS, and a large Terrace Apartment #3 (approx. 2,500 sq. ft.) 4Br/3.5Bth, Home Office, Duplex, 4 DCPLCS, and a spacious Terrace. This brownstone townhouse is 20' wide and offers over 6,000 sq. ft. of interior space. The roof, boilers, sprinkler system, HVAC system, and video intercom are ALL BRAND NEW. There are 4 private storage cages, super's office, and half bath in the basement. Centrally located in the desirable Mt. Morris Park Historic District there's convenient access to Whole Foods grocery and a multitude of transportation options including the 2/3 Red Line express trains and the M2, M7 and M101 buses. Harlem's famous Restaurant Row, Bed Bath and Beyond, endless shopping on 125th St, and so much more -are ALL also close-by. There's also nearby access to public recreation at Mount Morris Park, Morningside Park, and Central Park.
Web #: 19936697
Location: Upper Manhattan, NYC
Real Estate Tax: $9,564.00
Mortgage Calculator Property Type: Townhouse
Type: 3 Family House
Garden 9 Deco. Fireplace
Central Air Garden Basement