45 Hamilton Ter New York, NY 10031-6435

Property Details for 45 Hamilton Ter

Year built

1910

Lot size

0.04 lot acres

Property size

4,300 SF

Zone code

R6A

Property type

Residential income homes

Property subtype

Serviced apartments

APN

02050-0109

APU

20500109

Description

This exceptional redevelopment opportunity presents a 4-story, 4,300 square foot apartment building located at 45 Hamilton Terrace in the vibrant Harlem neighborhood of New York City. Currently configured as ten Class B apartments, the property is being offered vacant and comes with a Certificate of Non-Harassment (CONH). The building sits on a 1,197 square foot lot and is zoned R6A, presenting significant potential for future development or renovation. Its convenient location offers easy access to public transportation, with the A, C, B, and D subway lines within walking distance. The asking price for this multifamily investment property is $2,350,000. This represents a unique chance to acquire a property in a rapidly appreciating market, allowing for the creation of a high-yield investment. The building's vacant status provides immediate flexibility for a buyer to implement their vision, whether it's a complete renovation, conversion, or expansion. The CONH ensures a smooth transition and minimizes potential legal complications. This is an ideal opportunity for investors seeking a strong return on investment in a desirable and rapidly developing area of Manhattan.

Location Insight

City

New York

County

New York

State

New York

Longitude

-73.9462

Latitude

40.8228

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments