49 East 129th street New York, NY 10035

218658819 40.808258 -73.938225 0 /listing/218658819-150205023/49-east-129th-street-new-york-ny-10035 False 0 6000000.0 9000 105 11 12 True
  • $6,000,000
  • 11 bd
  • 12 full ba
  • 9,000 sqft
  • 2,500 lot
  • Est payment $32209.3/mo

Property & Neighborhood Info

12 unit Central Harlem tax abated building ready for condo conversion

Legal 12 unit building with 9,000 sqft of residential space, new elevator, laundry room, and roof deck. Each apartment has their own heating system and nearly all of the apartments have outdoor space. All tenants are being charged preferential rents so there is an upside to bringing the rents up to the max legal rent as well as potentially to convert these apartments to condo. Condo finishes are already in place in each apartment. There are 11 one bedroom apartments and 1 studio in this 11 year building. The building also has a 25 year tax abatement which allows for a near term turnkey buy and hold and eventual either sale or condo conversion. New elevator just installed. Easy access to both east and west side subway stations and of course Metro North.Please email for more info and setup.

  1. 11 Beds
  2. 12 Full Bath
  3. 9,000 Sq. Ft.
  4. 2,500 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2007
  • Full Bath: 12
Neighborhood info courtesy of Homes.com © 2018

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Brian Silvestry
Brian Silvestry
Licensed RE Broker

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49 East 129th street New York, NY 10035

218658819 40.808258 -73.938225 0 /listing/218658819-150205023/49-east-129th-street-new-york-ny-10035 False 0 6000000.0 9000 105 11 12 True
  • $6,000,000
  • 11 bd
  • 12 full ba
  • 9,000 sqft
  • 2,500 lot
  • Est payment $32209.3/mo