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30 Edgecombe Ave New York City, NY 10030

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For Sale
$1,350,000

Seven-unit townhouse in Dorrance Brooks Square Historic District.

Property size:
3,850 SF

Property Features for 30 Edgecombe Ave

General Information

Size
3,850 SF

Building Details

Year built
1901

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Listing Contact
Source: Kw

Listing Agency: Keller Williams NYC

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Renaissance Revival Townhouse Investment Opportunity

Located in the Dorrance Brooks Square Historic District, 30 Edgecombe Avenue is a seven-family townhouse presenting an investment opportunity. The property provides 3,850 square feet of space, plus an additional 5,631.5 square feet of air rights. The exterior features the original Renaissance Revival red brick and stone facade with a bay window on the second floor and Queen Anne accents. The interior retains original oak doors, woodwork, mirrors, and fireplaces. The seven apartments, all rent-stabilized, include six studios and a floor-through two-bedroom home. All units have high ceilings, large windows, open-plan kitchens, and tiled bathrooms. Each unit has separate meters and is wired for cable and internet. The property overlooks St. Nicholas Park and is near restaurants on Frederick Douglass and Adam Clayton Powell Boulevards. City College is a short walk away, and shopping on 125th Street is nearby. The property is conveniently located near the B/C subway lines and the M3 and M10 bus lines. Five of the seven units are occupied by well-qualified tenants.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New York City
County
New York
State
New York
Longitude
-73.9471637
Latitude
40.8178918

FAQs

What type of property is this?
Apartment building - Seven-unit townhouse in Dorrance Brooks Square Historic District.
Where is this apartment building located?
The property is located at 30 Edgecombe Ave New York City, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Over 8% Cash on Cash Return and Capitalization Rate; - Excellent Gross Operating Income of $152,843 per year; - Located in the Dorrance Brooks Square Historic District, overlooking St. Nicholas Park
More about this property
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