104 West 113th Street
SOLD
$1,999,000
Type: Multi Family Townhouse
Approximate Square Feet: 4640
Rooms: 16
Common Charges: n/a
Monthly Taxes: $400
104 West 113th Street is a 25’ wide, four (4) story walk-up building located on the south side of West 113th Street between Lenox & St. Nicholas Avenues. The subject property falls in a R7-2 / C1-4 zoning district with an FAR of 3.44 / 2.0 and consists of approximately 4,640 gross sq. ft. The building contains four (4) floor-through, two-bedroom apartments and a workspace in the basement. All apartments are currently occupied and the building is completely Free Market. Current RENT ROLL is $12,225 per month!
The property is also in excellent condition and features a rooftop garden, high-quality finishes throughout, and a washer / dryer in each unit. Located just 3 blocks away from Central Park North, the property has benefited from nearby residential developments such as 111 Central Park North, The Gateway Condominiums, and The Leonora. Easy access to all downtown and outer borough locations is provided by both the 2/3 subway line at Lenox Avenue and the B/C trains on Frederick Douglass Boulevard.
104 West 113th Street stands out as a premier opportunity for a future conversion or for users and investors alike. This building is ideal for the investor who in looking for income producing tenants to pay his/her mortgage. Very rare opportunity in Central Harlem’s “golden rectangle” below 116th Street.