INVESTOR OPP! CASH ONLY! Harlem Hamilton Heights 4 story+ 8-Fam
GREAT LOCATION!!! This property is priced below market! It will NOT be delivered vacant so please DO NOT ASK! It is a 4-story, plus huge cellar, rent-stabilized 8-family row property on a great block in the Hamilton Heights/Sugar Hill section of Harlem. DHCR record attached. All units are occupied but only three tenants are paying rent the others are squatting. There are no current leases in effect. The building appears to be in very good condition and has a sprinkler system installed, a newer skylight, individual (7) gas meters, and smart electric meters. Heating & HW by oil. See DOB details below. R6A (MODERATE DENSITY RESIDENTIAL) Zoning Map Actual FAR: 2.14 Max Res. FAR: 3.00 Max Comm. FAR: 0.00 Max Res. Sq FT: 5,691 Buildable Res. SqFT: 1,632. The Seller is interested in CASH OFFERS ONLY with a max of 30-day close. This property is being sold in "as-is" condition with all the tenants & squatters and violations. Seller will not cure any conditions. Submit all offers in writing with proof of funds. Seller will consider all offers that are CASH w/POFs. Again, interested in ALL CASH OFFERS ONLY and the property "WILL NOT BE DELIVERED VACANT!!" Check the C of O. HPD File online reads 1-Class A & 8 Class B units. This is a huge opportunity for the right investor/buyer! Submit to the listing broker. Email your questions. Showings are by appointment only to qualified buyers.
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