$2,050,000
●
Townhouse -
For Sale
56 E 127th Street
Manhattan, NY 10035
4 Beds
4 Baths
3400 Sqft
$10,625
Estimated Monthly
$0
HOA / Fees
2.17%
Cap Rate
About This Property
**Presenting 56 East 127 Street to the Market!**
Discover this extraordinary Neo-Greco 4-family townhome nestled in the vibrant heart of central Harlem. Representing an excellent investment opportunity, this fully-tenanted property boasts remarkable stability. Renovated to perfection in 1999, the home holds a Certificate of Occupancy from 2006, showcasing modern electrical systems, a gas-fired boiler, gas-fired hot water heater, and a sturdy steel beam staircase.
With an expansive 17ft x 50ft footprint, the townhome spans four above-grade floors. It comprises four luminous and spacious 1BR/1BA units, two of which can be converted back to the original duplex featuring a private garden/yard oasis.
Benefiting from its strategic location, the property offers convenient access to multiple subway lines, Metro-North, a variety of local shops, including the newly established Whole Foods Market, delightful restaurants, and world-class entertainment venues. Additionally, its proximity to Columbia University's expanded campus, featuring the state-of-the-art auditorium and performance space known as The Forum, adds to the allure. Not to be overlooked is the dynamic and ever-evolving 125th Street shopping corridor.
For more comprehensive details, an Offering Memorandum is available upon request. Seize the opportunity to explore this unique and lucrative investment in the heart of Harlem!
Discover this extraordinary Neo-Greco 4-family townhome nestled in the vibrant heart of central Harlem. Representing an excellent investment opportunity, this fully-tenanted property boasts remarkable stability. Renovated to perfection in 1999, the home holds a Certificate of Occupancy from 2006, showcasing modern electrical systems, a gas-fired boiler, gas-fired hot water heater, and a sturdy steel beam staircase.
With an expansive 17ft x 50ft footprint, the townhome spans four above-grade floors. It comprises four luminous and spacious 1BR/1BA units, two of which can be converted back to the original duplex featuring a private garden/yard oasis.
Benefiting from its strategic location, the property offers convenient access to multiple subway lines, Metro-North, a variety of local shops, including the newly established Whole Foods Market, delightful restaurants, and world-class entertainment venues. Additionally, its proximity to Columbia University's expanded campus, featuring the state-of-the-art auditorium and performance space known as The Forum, adds to the allure. Not to be overlooked is the dynamic and ever-evolving 125th Street shopping corridor.
For more comprehensive details, an Offering Memorandum is available upon request. Seize the opportunity to explore this unique and lucrative investment in the heart of Harlem!
Unit Size
3,400Ft²
Days on Market
423 days
Land Size
-
Price per sqft
$603
Property Type
Townhouse
Property Taxes
$559
HOA Dues
-
Year Built
1905
Listed By
Last updated: 28 days ago (RLS #COMP-1526886863581632225)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 2, 2023 | Listed by Compass | $2,050,000 | |
Listed by Compass | |||
Nov 14, 2018 | Sold to 56 East 127th Street Holdin... | $2,300,000 | |
Sold to 56 East 127th Street Holdin... | |||
Sep 25, 2007 | Sold to Ardijan Bacaj, Elvir Bacaj... | $1,350,000 | |
Sold to Ardijan Bacaj, Elvir Bacaj... |
Property Highlights
Fireplace
Parking Details
Parking Features: On Street
Interior Details
Bedroom Information
Bedrooms: 4
Bathroom Information
Full Bathrooms: 4
Interior Information
Interior Features: Chandelier, High Ceilings, Walk In Closets
Appliances: Dryer, Washer
Flooring Type: Hardwood, Tile
Living Area: 3400
Room Information
Laundry Features: Common Area, See Remarks
Rooms: 12
Fireplace Information
Has Fireplace
Decorative
Fireplaces: 1
Basement Information
Has Basement
Full
Exterior Details
Property Information
Year Built: 1905
Building Information
Outdoor Living Structures: Patio
Pets Allowed: Building No, Cats O K, Dogs O K
Lot Information
Lot Size Dimensions: 17.000000x76.000000
Land Information
Tax Lot: 149
Tax Block: 01751
Financial Details
Tax Annual Amount: $6,708
Location Details
Subdivision Name: Central Harlem
Stories Total: 4
Association Fee Frequency: Monthly
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
4
Beds
5
Baths
3,500 ft²
$647/ft²
$2,265,500
Feb 6, 2018
$2,265,500
Jul 17, 2019
-
Townhouse
4
Beds
4
Baths
3,033 ft²
$791/ft²
$2,400,000
Apr 25, 2022
$2,400,000
Sep 9, 2022
-
Townhouse
4
Beds
5
Baths
3,990 ft²
$468/ft²
$1,865,918
Feb 3, 2021
$1,865,918
Sep 24, 2021
-
Sold
Co-op
4
Beds
3
Baths
2,429 ft²
$885/ft²
$2,150,000
May 10, 2021
$2,150,000
Mar 2, 2022
$3,124/mo
Sold
Co-op
4
Beds
3
Baths
2,429 ft²
$865/ft²
$2,100,000
Apr 18, 2017
$2,100,000
Feb 6, 2018
$2,724/mo
Condo
3
Beds
4
Baths
2,577 ft²
$718/ft²
$1,850,000
Jul 31, 2020
$1,850,000
Mar 19, 2021
$1,920/mo
Active
House
4
Beds
4
Baths
3,505 ft²
$535/ft²
$1,875,000
Feb 23, 2023
-
$435/mo
Active
Townhouse
4
Beds
3
Baths
3,318 ft²
$716/ft²
$2,375,000
Aug 15, 2023
-
$1,046/mo
Active
Townhouse
4
Beds
4
Baths
3,040 ft²
$656/ft²
$1,995,000
Oct 17, 2023
-
$977/mo
Active
Condo
4
Beds
4
Baths
3,094 ft²
$549/ft²
$1,700,000
Jun 27, 2023
-
$3,473/mo
In Contract
Townhouse
5
Beds
3
Baths
3,024 ft²
$661/ft²
$2,000,000
Jun 10, 2023
-
$563/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/30/2018
|
|
4 Bed
|
4 Bath
|
3400 ft²
|
$2,500,000
4 Bed
4 Bath
3400 ft²
|
$2,300,000
-8.00%
11/14/2018
|
John McGuinness
|
Building Info
56 East 127th Street
56 East 127th Street, New York, NY 10035
- 4 Units
- 1 Unit for Sale
About Upper Manhattan
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