2069 5th Avenue New York 10035


 
  Property Features
Property Type:   Townhouse
List Price:   3399000.00
Bedrooms:   7
Bathrooms:   5
 
 
 

Gorgeous 25’ wide 3 Family townhouse is situated on iconic 5th Avenue.  Just steps away from Harlem’s Main Street Cultural Mecca – West 125th.    Near the home of famed Harlem Renaissance American Poet, Novelist, and Playwright, James Mercer Langston Hughes as well as the former establishment of the social venue for the Finnish Community.
                   Grand Presence and Curb Appeal!
Custom iron gates, granite stone stoop, and original oak door accentuate the design of this home.

Magnificent 3 bedroom owner’s duplex features enormous loft living and dining room space. High ceilings, crown molding, hardwood floors, recessed lighting and custom ceiling fans add character and dimension to this home.

Ample deep closet space, full bathroom, and custom kitchen with granite countertops make this parlor floor duplex perfect for entertaining. Palladium arch windows provide so much natural sunlight and wonderful 5th Avenue architectural views.

Dining room and the master bedroom suites open to a spectacular 1250 SQFT landscaped garden. The garden has luscious ivy, exotic bamboo trees, and an assortment of perennials that grace the backdrop of St Andrews Church. Outdoor fireplace, paver stones, custom patio dining table, and seating generate warmth and tranquility to this peaceful Zen garden.

Two income producing 1375 SQFT market rate luxury apartments tastefully renovated with 2 year leases that expire July 2015.  These apartments are in excellent condition.  Enhancements include maple kitchen cabinetry, hardwood and tiled floors, overhead storage, granite countertops, tiled bathroom.

All mechanical systems – boiler, water heater, roof and skylight are maintained and in very good condition.
Close to all major transportation, faith institutions, theaters, restaurants and the beautiful historic Marcus Garvey Park. Near 2, 3, 4, 5, 6, A, B, C, and D subways. 

This home must be owner occupied.  9 years 7 months remain on a 25 year deed restriction.

Listed By Laurent Delly -CEO Delly Group and Elaine Perry – Perry Assoc.

Schedule an appointment today with Laurent Delly at 646 752-0430 and Elaine Perry at 917 841-3230.  Broker participation (co-broke) is welcome! 2.5% to Buyer Broker.
 
Building Specs:
Has Extension
Lot dimensions 25 ft x 110 ft
Lot sq. ft. 2750
Building dimensions: 25 ft x 60 ft
Building size: 6,000 Sq Ft
Stories: 3
Year built: 1909
Max allowed FAR: 3.44
FAR As built 1.94

Zoning: R7-2
Building class: 3 Family (C0)

Annual Projected Income 2015
 
Apt 1 3,000 SQFT$ 0  Owner Occupied
Apt 2 1380 SQFT $3800
Apt 3 1420 SQFT $3500

Total Projected Residential Rent $87,600
 
Actual Income 2013
Apt 1 – $0 Owner Occupied
Apt 2 – $2300
Apt 3 – $2800

Total Actual Income $61,200
 

 

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The information contained herein has been obtained from the property owner or other sources that we deem reliable. Although we have no reason to doubt its accuracy, No representation or warranty is made regarding the information, and the property is offered as is.The submission may be modified or withdrawn at any time by the property owner.