30 Edgecombe Ave New York, NY 10030
Investment opportunity in Dorrance Brooks Square Historic District.
Lot size:
1,575.00 AcresProperty Features for 30 Edgecombe Ave
General Information
- Standard status
- Active
- Lot size
- 1,575.00 Acres
Building Details
- Year built
- 1901
Source:
Crexi
Listing Agency: Harlem Lofts Listing Agent: Robert D. Pair
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renaissance Revival Seven-Family Townhouse
Located in the Dorrance Brooks Square Historic District, 30 Edgecombe Avenue is a seven-family townhouse presenting an investment opportunity. The Renaissance Revival red brick property overlooks St. Nicholas Park. The building provides 3,850 square feet of space, along with 5,631.5 square feet of air rights. The exterior features the original Renaissance Revival red brick and stone façade, a bay window on the second floor, and Queen Anne accents. The interior retains original oak doors, woodwork, mirrors, and fireplaces. The property comprises seven rent-stabilized apartments, including six studios and one floor-through two-bedroom home. Each unit includes high ceilings, large windows, open-plan kitchens, and tiled bathrooms. All apartments have separate meters and are wired for cable and internet. The property is near restaurants on Frederick Douglass and Adam Clayton Powell Boulevards, and a short walk from City College. Shopping on 125th Street is nearby, and the property is conveniently located for the B/C subway lines and the M3 and M10 bus lines. St. Nicholas Park is located across the street. Five of the seven units are occupied by well-qualified tenants.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9471637
- Latitude
- 40.8178918
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FAQs
What type of property is this?
Apartment building - Investment opportunity in Dorrance Brooks Square Historic District.
Where is this apartment building located?
The property is located at 30 Edgecombe Ave New York, NY.
What are key features of this property?
This property features: - Over 8% Cash-on-Cash Return and Capitalization Rate; - Excellent Gross Operating Income ($152,843/year); - Located in the Dorrance Brooks Square Historic District, overlooking St. Nicholas Park
