5 East 124th Street

View Building
Off the Market

Townhouse

8 BED

8 BATH

$3,950,000 |RET $828
Neighborhood: Lenox Hill
Borough: Upper East Side
Days on the Market: 844 days
Pets Policy: No Pets
Description: Welcome To 5 East 124th Street An 8 Unit Multi-Family Perched Upon Marcus Garvey Park Right Off Of 5th Avenue Below 125th. This Building Is In A Very Sought After Location For Affluent Buyers And Investors 5 East 124th Street Can Now Be Yours As A Single Family Home, Live-plus Income Home, Or Strictly For Investment. This Four Story Brownstone Is Built 20 X 48 On A 101 Foot Lot With 3,840 Square Feet With An Additional 1,000 Square Feet To Use In The Cellar For A Rec Rom, Wince Cellar, Or To Make A Owners Duplex Or Triplex, There Are Many Options With This Home. 5 East 124th Has More Than Enough Room If You Want To Expand On Its 20 X 54 Feet Of Garden Space (1,080 Square Feet). This Future Home Features Hardwood Floors, Natural Brick, A New Roof, New Gas Heating System; In Addition It Is Configured With Seven One- Bedroom Apartments And One Studio. Five Units Will Be Delivered Vacant. This Gives An Excellent Opportunity For Owner Occupancy With Rentals. Rents In The Neighborhood And For This Location Can Easily Pull Up To $50 Price Per Sq Ft. This Location Is One Block From Surrounded By Local Eateries Various Shopping, Great Restaurants, And Transportation Which Include, Gucci And Dapper Dan's Bespoke Boutique, Globally Famed Apollo Theater, "Bed Bath And Beyond", "Whole Foods" As Well As Local Restaurants Including The Michelin Starred Sushi Inoue, Famous Harlem Shake Restaurant, Celebrity Chef Marcus Samuelson's "Red Rooster" And " Mountain Bird", Cheri, Belle Harlem, Cecil's Steakhouse, Sylvia's, BLVD Bistro, Bsquared Harlem, Corner Social, Sottocasa Pizzeria, Maison Harlem, Settepani, Farm To Table Restaurant "Clay", Chez Lucienne, Shake Shack, Starbucks, Chipotle And Many More. The Trains Are Very Close Such As The 2,3,4,5, And 6 Trains. All Reasonable Offers Will Be Considered!
Price History:
  • 03/20/2019 - $3,950,000
Listing Broker: The Corcoran Group
LEARN MORE ABOUT THIS PROPERTY
CONTACT OUR NEW YORK REAL ESTATE SPECIALIST

The Corcoran Group

Siddiq Patterson

(212) 875-2895

SIMILAR LISTINGS
No similar listings found.