For Sale

Listed by Benjamin Gernandt and Bill Yorgan from Compass

Source: OneKey #H6210141

112 East 123rd Street, New York, NY, 10035

$2,850,000

13
8
6000 sq. ft.

MultiFam

30+ days on the market

What's around 112 East 123rd Street

About this property

20-foot wide and 63-foot deep 4-family townhouse in East Harlem. Excellent income-producing building with 4 floors of fully rented apartments and a 5th floor at the garden/basement level that can also be finished. Each of the three top floors has 4 bedrooms and an open-plan kitchen. The building boasts a classic New York charm with its exposed brick and ample light and air. The top three floors of apartments have four spacious bedrooms, providing ample living space for tenants. The building has great finishings, exposed brick, and new mechanicals. Convert to your own usage type or continue renting units with a solid CAP rate. The building has been well maintained and is in excellent condition, making it an attractive investment opportunity for buyers not looking to do much work. The apartments are designed with large windows that allow for plenty of natural light, creating a bright and inviting atmosphere. Additionally, the exposed brick walls give the apartments a charming, rustic feel. The neighborhood of East Harlem offers residents access to an array of restaurants, shops, and cultural attractions, making it an ideal location for tenants seeking a vibrant urban lifestyle. With the building's convenient location, tenants will have easy access to public transportation and nearby parks.

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