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Description
PRIME WASHINGTON HEIGHTS INVESTMENT OPPORTUNITY
DESCRIPTION:
388 Audubon Avenue presents a compelling investment prospect, boasting a prime location, adaptable layout, and potential for both residential and commercial ventures. Whether as a renovation project, rental property, or strategic convers...
PRIME WASHINGTON HEIGHTS INVESTMENT OPPORTUNITY
DESCRIPTION:
388 Audubon Avenue presents a compelling investment prospect, boasting a prime location, adaptable layout, and potential for both residential and commercial ventures. Whether as a renovation project, rental property, or strategic conversion, this property holds significant promise for investors looking to tap into Washington Heights’ dynamic real estate market….
OVERVIEW:
- Three-story walk-up townhouse featuring two sizable FREE MARKET RENT residential apartments and a street-level commercial retail space.
- Apartments easily convertible into 2 or 3-bedroom student housing for Yeshiva University.
- Ground-floor retail store presently leased to a Beauty Salon, with the lease set to expire in July 2025.
UPSIDE POTENTIAL:
- Opportunity for renovation and enhancement to boost rents and enhance property aesthetics, thereby increasing its overall value….
LOCATION HIGHLIGHTS:
- Centrally positioned in the heart of Washington Heights, directly across from Yeshiva University.
- Diverse array of shopping options and culinary delights in the neighborhood.
DEMOGRAPHICS:
- A vibrant cultural mix thrives within the diverse community…..
TRANSPORTATION & ACCESS:
- Excellent access to public transportation, with nearby subway stations (#1 Train and A Train) and bus stops.
- Convenient proximity to I-95 interstate, Harlem River Drive, and multiple bus lines further enhances accessibility…
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Building info
Buy your dream home with us and get an estimated $22,500
rebate.
Rebates vary by sale price, market and are subject to a minimum commission.