$2,850,000
●
Townhouse -
Off Market
3474 Broadway #BUILDING
Manhattan, NY 10031
Studio
4 Baths,
1
Half Bath
4000 Sqft
$3,064,847
RealtyHop Estimate
7.54%
Since May 1, 2022
NY-New York
Primary Model
About This Property
Open houses by appointment only.
3474 Broadway is currently used as a 20-foot-wide owner-occupied triplex with 6-bedrooms, 3-bathrooms plus a separate ground-floor commercial office that offers the owner above-average rental income.
While the building has three floor-through, 2-bedroom apartments, the current owner uses all three apartments (which combine to 3,300 SF) to capture three separate and distinct areas of the home for sleeping, dining, and entertaining - just by keeping the doors open.
The commercial unit, which is on the ground floor and completely separated from the residential portion of the building, is currently occupied by a dentist's office, with a lease ending in July 2027, and currently offers the owner an astonishing $5267 in rental income (with 4% annual increases), plus 25% of the water bill, their own heat, and electricity, as well as their own snow removal, and cleaning. The total benefit to the owner comes to approximately $5,500 per month in effective income. You simply cannot get this much income with a single-floor in a residential building.
This property has been recently updated and immaculately maintained, offering exceptional capitalization and ROI for your traditional investor (email us for the setup) or a turn-key house to move into for yourself.
All floors feature an open-concept kitchen-living room layout with new appliances and fixtures, high ceilings, large windows, great storage space, and wonderful light all day long. The cellar level, which has laundry units, can also be used as a common storage area or private storage for the owner.
We invite you to take a private tour to view this spectacular building and the opportunity to own a piece of the growing Broadway retail scene in Hamilton Heights. Just a few blocks to the 1-train, A/B/C/D trains, and local favorites such as Riverbank State Park with tennis, basketball, skating, and swimming. There is also a sophisticated food scene that has taken hold over the last five years and continues to grow with Columbia's ever-expanding campus along the Broadway corridor. Be sure to contact the listing agent for more information.
3474 Broadway is currently used as a 20-foot-wide owner-occupied triplex with 6-bedrooms, 3-bathrooms plus a separate ground-floor commercial office that offers the owner above-average rental income.
While the building has three floor-through, 2-bedroom apartments, the current owner uses all three apartments (which combine to 3,300 SF) to capture three separate and distinct areas of the home for sleeping, dining, and entertaining - just by keeping the doors open.
The commercial unit, which is on the ground floor and completely separated from the residential portion of the building, is currently occupied by a dentist's office, with a lease ending in July 2027, and currently offers the owner an astonishing $5267 in rental income (with 4% annual increases), plus 25% of the water bill, their own heat, and electricity, as well as their own snow removal, and cleaning. The total benefit to the owner comes to approximately $5,500 per month in effective income. You simply cannot get this much income with a single-floor in a residential building.
This property has been recently updated and immaculately maintained, offering exceptional capitalization and ROI for your traditional investor (email us for the setup) or a turn-key house to move into for yourself.
All floors feature an open-concept kitchen-living room layout with new appliances and fixtures, high ceilings, large windows, great storage space, and wonderful light all day long. The cellar level, which has laundry units, can also be used as a common storage area or private storage for the owner.
We invite you to take a private tour to view this spectacular building and the opportunity to own a piece of the growing Broadway retail scene in Hamilton Heights. Just a few blocks to the 1-train, A/B/C/D trains, and local favorites such as Riverbank State Park with tennis, basketball, skating, and swimming. There is also a sophisticated food scene that has taken hold over the last five years and continues to grow with Columbia's ever-expanding campus along the Broadway corridor. Be sure to contact the listing agent for more information.
Unit Size
4,000Ft²
Days on Market
425 days
Land Size
-
Price per sqft
$713
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1910
Last updated: 3 months ago (RLS #OLRS-0072505)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 27, 2022 | Sold | $2,850,000 | |
Sold | |||
Aug 6, 2021 | In contract | - | |
In contract | |||
Feb 26, 2021 | Listed by Compass | $3,150,000 | |
Listed by Compass | |||
Oct 8, 2020 | Temporarily off market | - | |
Temporarily off market | |||
Aug 21, 2019 | No longer available | - | |
No longer available |
Show More
Property Highlights
With View
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Full Bathrooms: 3
Half Bathrooms: 1
Interior Information
Living Area: 4000
Room Information
Laundry Features: Common Area
Rooms: 17
Exterior Details
Property Information
Year Built: 1910
Building Information
Pets Allowed: Building Yes, Yes
Lot Information
Lot Size Dimensions: 20.0 x 70.0
Land Information
Tax Lot: 63
Tax Block: 2073
Utilities Details
Heating Type: Building Natural Gas, Natural Gas
Location Details
Subdivision Name: Hamilton Heights
Stories Total: 4
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,925,000
Nov 30, 2020
$2,925,000
Oct 23, 2021
$654/mo
Townhouse
Stu
-
-
$3,300,000
May 24, 2019
$3,300,000
Mar 23, 2020
$862/mo
Townhouse
Stu
-
-
$3,150,000
Jun 29, 2021
$3,150,000
Dec 27, 2021
$824/mo
Townhouse
Stu
-
-
$2,950,000
Sep 15, 2020
$2,950,000
Oct 25, 2021
$1,607/mo
Townhouse
5
Beds
5.5
Baths
4,106 ft²
$827/ft²
$3,395,000
Dec 1, 2022
-
-
Townhouse
4
Beds
3.5
Baths
3,400 ft²
$793/ft²
$2,695,000
Apr 28, 2022
-
-
Active
Condo
3
Beds
2.5
Baths
1,687 ft²
$1,956/ft²
$3,300,000
Oct 12, 2022
-
$4,574/mo
Active
Townhouse
5
Beds
5
Baths
4,471 ft²
$782/ft²
$3,495,000
Apr 8, 2022
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/26/2021
|
Loft
|
4 Bath
|
4000 ft²
|
$3,150,000
Loft
4 Bath
4000 ft²
|
$2,850,000
-9.52%
04/27/2022
|
-
|
John McGuinness
Compass
|
Building Info
About Upper Manhattan
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