• Location: Central Harlem – a sought-after area known for its rich culture, historic charm, and close proximity to major subway lines and amenities.
• Property Overview: 11-unit Single Room Occupancy (SRO) building with 10 vacant units and 1 occupied unit. The property spans approximately 4,582 square feet, offering significant potential for redevelopment or repositioning.
• Zoning & Potential: Zoned R7-2, presenting opportunities for various redevelopment possibilities, including rental units, condos, or community use.
• Condition: Delivered As-Is, providing a blank canvas for value-add investors to reimagine the space.
• Investment Highlights: Ideal for investors seeking a property with substantial upside in a vibrant, growing neighborhood.
• Asking Price: $1,595,000
All interested parties must submit Proof of Funds (POF) before a showing will be scheduled.
Email: lincolnpropertiesny@gmail.com