320 West 113th Street
Approximate Square Feet: 6700
Common Charges: n/a
Monthly Taxes: $200
Isen & Company LLC
If you are looking for one of the best sites in Harlem this building would be the perfect candidate.
LOCATION – 1/2 Block from Morningside Park. 2 Blocks from Central Park. A quiet 15 minute walk up the Morningside steps to Columbia University. A for Harlem real estate. 1/2 block from restaurant row on Frederick Douglas Boulevard.
COMPS – 3 Blocks from 1 Morningside Park – new condos selling at record levels for Harlem (well over $1500 PSF). 2 Blocks from the new building on 110th and FDB (2015). 3 Blocks to subway – A/B/C. One more block to 2/3 express.
BUILDING -The building has approved plans for a three family residence. The garden unit is a very large 3 bedroom/3.5 bath with a home office that is approximately 2400 square feet. This unit has three full bedrooms and a huge rec room/home office in the basement – perfect for a playroom, theater space, or home office. The unit also has private use of the backyard and 2 separate unit entrances. Unit #2 is a 900 square foot floor-thru one bedroom, 1 bath. The PH is a 3 bedroom/3.5 bath gem with 2100 square feet of interior space and over 500 square feet of outdoor space that has private views of Morningside Park. The building is a 17 x 100 foot wide brownstone. Everything is currently being renovated. Every beam has been replaced. The building has been extended 10 feet (now is 60 feet deep) and a floor and 1/3 has been added to create 3 private rooftop terraces.
CURRENT SITUATION – This building is currently in construction and will be delivered in summer of 2015.
DESIGN – Current plans feature radiant heat, high ceilings, abundant closet space, manicured rear garden, high end kitchens and bath, vented washer/dryer laundry room, wide plank oak flooring, sub-zero/viking appliance package, 2″ granite countertops, multi-zone heating, central air conditioning, exposed brick, large casement windows, and high design finish package. Every detail has been designed with a high end user in mind.
BUYER – This building is the perfect for anyone. For the individual who is looking to supplement their income with the distinct advantage of having two extra apartments to help pay a potential mortgage – it is ideal. Rents in the neighborhood are excellent. Top and bottom floors will rent $7000-$9000 per month. Unit number two will rent in the $2500-$3000 range. This is the perfect opportunity to walk into over $10,000 per month in rental income that will support a good mortgage without paying one cent to live here.
***APPOINTMENTS AND PLANS PROVIDED BY REQUEST TO QUALIFIED BUYERS***