Harlem Brownstone: 12-Unit
For Sale
$1,295,000
Pending
197 Edgecombe Ave, New York, NY 10030
Four-story, 12-unit SRO brownstone in Hamilton Heights.
Property Size3,876 SF
Lot Size0.04 Acres
Days on Market168
Property Features for 197 Edgecombe Ave
General Information
Standard status
Pending
Size
3,876 SF
Lot size
0.04 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$41,175
Building Details
Building Size
3,876 SF
Year Built
1901
Units
10
Listing Agency:
Compass
(347) 261-9863
Listed By:
Jr Pedro Felix
(347) 261-9863
Source:
Elliman
Added: Mar 11
Changed: Aug 13
Last Checked: Aug 24 at 4:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Located in Hamilton Heights, this 4-story, 12-unit SRO brownstone offers an opportunity for owner-occupants or investors. The building spans approximately 3,876 square feet and features 9 vacant rooms. The property includes three kitchens and four bathrooms. A new roof was installed in 2023, and a gas water heater and boiler were installed in 2019. The electrical system has been updated with a main panel in the basement and circuit boxes on each floor. Energy-efficient windows are installed throughout the building. A fire sprinkler system is in place. The property features a period stairwell with a skylight and a private rear yard with a visible 3-story extension. The property is zoned R6A with a current FAR of 2.33 and a potential FAR of 3.0. The property is located near the Dance Theatre of Harlem, local libraries, historic districts, shops, schools, and houses of worship. Transit access is available via nearby subways (A, B, C, D, 1, 2, 3) and buses (Bx19, M3, M10, X59, X84).
Key Highlights
- Prime Location in Vibrant Hamilton Heights, close to transportation, landmarks and amenities.
- Significant Vacancy with 9 vacant rooms offering immediate income potential.
- Updated Infrastructure includes a new roof (2023), gas water heater and boiler (2019).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,890
Businesses Nearby
Explore this area
Business Placement
Demographics for 10030, NY
29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story, 12-unit SRO brownstone in Hamilton Heights.
Where is this apartment building located?
The property is located at 197 Edgecombe Ave New York, NY.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Prime Location in Vibrant Hamilton Heights, close to transportation, landmarks and amenities.; Significant Vacancy with 9 vacant rooms offering immediate income potential.; Updated Infrastructure includes a new roof (2023), gas water heater and boiler (2019).
