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365 West 116th Street

NY, NY 10026

$3,495,000

Mixed Use For Sale  •  4,420 Sq Ft

Property Details

  • Property Type Mixed Use
  • Total Building Size 4,420 Sq Ft

Description

An excellent value, this historic 1899 2+ unit townhome at 365 W 116th offers tremendous upside for an owner occupant or small condo developer. Fully renovated in 2005 with 20 foot extension, this enormous 2 unit home with permitted lower level offices has 7+ bedrooms and 6 1/2 baths. Low price per bedroom and bathroom! Low taxes. Marble Kitchen and Bathrooms throughout. Hardwood Floors. 10+ Ft Ceilings. Recessed Lighting Throughout. Washer dryers in both residences. Zoned R7a w plenty of unused FAR. Over 7000 SF buildable as of right. Efficient stairwell layout maximizes rentable interior space.  Adjacent to new Harlem Opportunity Zone. 5 minutes  to Columbia University, C/D/3 Subway and excellent bus service (M116, M3 and M7). Exciting neighborhood with highly desirable amenities including Morningside playground, dog run, and restored waterfall and duck pond. Amazing restaurants including The Cecil, Melba's, Silvana, Lolo's, Amy Ruth's, Settapani, Harlem Tavern, Vinateria and Lido. World class jazz and entertainment including Minton's Playhouse and the Apollo Theater. Don't miss this true gem just off Morningside Park suitable for 1031 Exchange or value add investor, business owner, or multigenerational purchase.
Robert Geils 646-296-5215
Robert Geils 646-296-5215