Buy with Yoreevo
$1,966,667
List price: $2,000,000
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2265 2nd Avenue
House in East Harlem • 
building info
6bd • 3ba • 3,840 ft 2
Buy with Yoreevo

$1,966,667

List price

$2,000,000

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Key Details
Days on market
46
Last price change
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Estimated payment
$14,085
Taxes
$877
Monthly maintenance
N/A
Description
Renovate and hold, or develop over 20,000 square feet in a prime location! Harlem Lofts Inc is pleased to present 2265 and 2267 Second Avenue, two twenty-foot-wide mixed-use townhouses each consisting of ground floor commercial space plus three apartments. The properties can be sold separately for $2,000,000 each, or together for a total listing price of $4,000,000. Both properties are partially renovated, and 2267 Second Avenue has one finished two-bedroom one-bath apartment and one that is almost complete. For developers, the site has R9A zoning and a combined width of 40 feet and depth of 70 feet, giving a maximum buildable area of over 20,000 square feet adjacent to 116th Street and two blocks from East River Plaza, poised to deliver a spectacular CAP rate or maximum condominium sellout return.These properties are situated just two blocks from the 116th Street 6 train subway station and half a block from the upcoming Q train station which is predicted to open in 2027 and cause a spike in property prices in the neighborhood. Major area institutions such as Mount Sinai Medical Center are in close proximity and serviced by the same subway lines. Additionally, the location adjacent to the 116th Street commercial corridor and East River Plaza gives ready access to attractive area retail such as Costco and Target, and local Italian restaurants and Patsy's New York Pizzeria.2265 and 2267 Second Avenue present a prime acquisition opportunity for investors and owner-users. Contact Harlem Lofts today for your showing appointment! Additional Amenities: High Ceilings, Storage

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Amenities
BUILDING AMENITIES
  • Parking Available
LISTING AMENITIES
  • Hardwood
History
What it'll cost
Purchase price
$2,000,000
Asking Price: $2,000,000
Term
30 Years
Down Payment
$200,000 (10%)
Min: 10% (200,000)
Rate
8.0 %
Mortgage Amount
$1,800,000
Mortgage Payment
$13,208
Taxes
$877
Estimated Yoreevo rebate
$33,333
Estimated closing cost
$75,000
Total monthly cost $14,085
Buy your dream home with us and get an estimated
$33,333 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Harlem Lofts Inc.

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