Buy with Yoreevo
$2,163,333
List price: $2,200,000
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309 West 138th Street
Townhouse in Central Harlem • 
building info
6bd • 6ba • 3,636 ft 2
Buy with Yoreevo

$2,163,333

List price

$2,200,000

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Key Details
Days on market
328
Last price change
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Estimated payment
$14,995
Taxes
$466
Monthly maintenance
N/A
Description
Deal Fell Through Back on the Market! Investment opportunity in the heart of Harlem, just a stone's throw from Strivers' Row. Located on a beautiful, tree-lined block, this 1889 townhouse features five free-market units with original details preserved throughout. Owned by the same family for over 100 years, 309 West 138th Street now offers an opportunity to own a piece of Harlem, one of Manhattan's hottest rental markets. 309 West 138th Street is ideally situated among Harlem's many parks and restaurants, with easy access to the B/C and 2/3 trains at 135th Street. Close to City College, Columbia University, and major retailers along 125th Street. This property is a legal 5-family building (not an SRO). Unit 1: Studio/1 BA, at $1,700 month-to-month Unit 2: 1 BD/1 BA, at $1,760 month-to-month Unit 3: Studio/1 BA, at $1,650 month-to-month Unit 4: Studio/1 BA, at $1,620 month-to-month Unit 5: 2 BD/1 BA, at $2,520 w/lease expiring September 30, 2021 Lot: 17.5' x 99.92' Building: 17.5' x 51' FAR: as-built 1.56, max 3.44 Zoning: R7-2 Tax Class: 2A Rent Roll: $111,000 annual Expenses: $24,019 annual NOI: $86,891 annual Cap Rate: 4%

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History
What it'll cost
Purchase price
$2,200,000
Asking Price: $2,200,000
Term
30 Years
Down Payment
$220,000 (10%)
Min: 10% (220,000)
Rate
8.0 %
Mortgage Amount
$1,980,000
Mortgage Payment
$14,529
Taxes
$466
Estimated Yoreevo rebate
$36,667
Estimated closing cost
$82,000
Total monthly cost $14,995
Buy your dream home with us and get an estimated
$36,667 rebate.
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