409 East 115th St. #BUILDING

Last chance to submit an offer! Only cash bids are being considered. Current rent roll 47k/year. Yearly expenses: $2,154 (taxes), $900 (electric for common areas), $3,600 (water), approx $2,000 (insurance), $5,000 (heat for entire bldg)=$13,654. Air rights available to build 3 additional floors. 4 family townhouse that measures 20 feet x 59 feet plus 20×17 backyard and partially above grade full basement with two means of egress- one from street and one to garden in back.

Currently arranged as four floor through apartments. All units have three bedrooms/1 bath with two entrances, eat in windowed kitchen, 4 south facing windows, three north facing windows, east/west exposures, washer/dryer, dishwasher, and ceiling fans throughout. The building is highly maintained with several recent upgrades including: new facade, water proofing, boiler, and roof.

This turn of the century townhouse possesses many desirable prewar qualities- grand rooms, high ceilings, and crown molding. There is carpet and tile in some of the rooms, but hardwood floors exist underneath. Also there are existing fireplaces and brick behind the sheetrock. All can be exposed to maximize prewar greatness.

Located on one of East Harlem’s loveliest and most historical blocks- 115th Street between Pleasant and 1st Ave near the FDR, East River, M116, 6 subway, 4/5 subway, Metro North. This block is graced with some of NYC’s most beautiful architecture including Our Lady of Mount Carmel Church built in 1864 and the former National Museum of Catholic Art. It is also the birthplace of Al Pacino and the same streets where many Hollywood classics were filmed including scenes from The Godfather and Goodfellas. Be a part of history and the renaissance. East River Plaza, Thomas Jefferson Park, Patsy’s Pizzeria, Rao’s, Evelyn’s, Ricardo’s, Aromas, and the East River are all steps away. Please call or email Sarah at 646.763.1158, sworley@pleasantnyc.com