Fantastic opportunity to own an 7-unit Townhouse, in the heart of Washington Heights, in Manhattan!
With a penthouse studio containing a private (and huge) finished Roof Deck, a private courtyard for the first floor, and HUGE bay windows across floors, we are pleased to offer 867 Riverside Drive for the first time in nearly 20 years.
The configuration is currently set to the following:
Lower Level - 1 Bedroom (can be made legal)
1st Floor - 2 Bedroom with private courtyard
2nd Floor - 2 Bedroom
3rd Floor - 2 Studio's
4th Floor - 1 Bedroom and a studio
5th Floor - Studio penthouse with Roof Deck
Taxes are under $15K annually, and the total monthly expenses (for the owner) are under $1,500 (If owner managed?
All of the apartments, apart from Penthouse studio which was just renovated and listed for rent, are occupied and all 8 units are Free-Market.
Asking $2.99M, this is an excellent opportunity for both new and experienced Real Estate investors.
The building is 26×45 and has an unused FAR of 4,860.
Don't hesitate to reach out!
The Royal Team