Buy with Yoreevo
$3,131,917
List price: $3,185,000
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Key Details
Days on market
5
Last price change
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Estimated payment
$0
Taxes
Monthly maintenance
N/A
Description
Welcome to 419 West 50th Street, a beautiful 4 story 1920's townhouse in Midtown West. This two unit multifamily is situated on a lovely, residential, tree lined block. Currently this home is built 16.67' wide by 50' deep on a 16.67' by 100' lot. Unit 1 A garden duplex with 2 bedrooms, 2.5 bathrooms, basement laundry, access to a 33' by 50' shared garden and a fully renovated chef's kitchen with stainless steel appliances, an island and granite countertops. Unit 2 A duplex with 2 bedrooms, 2 bathrooms, in unit laundry, an additional den/bedroom and a fully renovated chef's kitchen with stainless steel appliances, a breakfast bar and granite countertops. A rare opportunity exists to combine with 421 West 50th Street to create a truly incredible single-family home with over 33 feet of frontage or a condo conversion with almost 14,000 additional FAR (combined for 419 & 421). For the savvy investor, this would be an ideal property for 1031 exchange or for someone who is looking to live in an income producing asset. The possibilities are endless and both buildings will be delivered vacant. Hell's Kitchen is a special place to call home. With beloved restaurants such as Bocca di Bacco, Five Napkin Burger, Totto Ramen, Kashkaval and The Marshal you won't tire of the same old fare. Take a stroll along the Hudson River, visit the Intrepid Museum or MoMA, and enjoy easy access to shopping at Bergdorf Goodman, Sak's and Rockefeller Center. Whole Foods, Columbus Circle and Hudson Yards are just a short walk away and, if a sweet tooth is your thing, make sure to pick up a treat at some of our local favorites; Schmackary's Cookies or Amy's Bakery. PROPERTY HIGHLIGHTS Four story multifamily building with 7,583 additional FAR Delivered Vacant 2 Free Market Units Conversion Potential Single user Potential 1031 Exchange B9 Dwelling Classification with R8 Zoning Proximity to 1/2/3/S/7/A/C/E/B/D Subways NJ Transit buses at Port Authority Easy Grand Central access via the 50th Street Crosstown Bus

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Term
30 Years
Down Payment
(10%)
Min: 10% (0)
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