168 W 133rd Street
Central Harlem Brownstone SRO with huge upside
Marketing description
Opportunity to invest sweat equity in this almost fully occupied SRO building in Prime Central Harlem. Garden level currently occupied by church will be vacant as will the whole parlor floor and two rooms on the top two floors also will be vacant. 6 occupied rooms over top two floors. Great opportunity to invest for the now and the huge upside for the future. Will be sold as is subject to tenancy and without CNH.
Investment highlights
Offered for sale this occupied SRO building with a vacant garden level, configured as a church space with two bathrooms, two offices and backyard access. Built out larger than the footprint of the upstairs, this is an ideal commercial space in very good condition with access to the cellar below and mechanicals. The cellar has the new gas furnace and plenty of room for storage.
On the floors above you have a 1 bedroom apartment (needing work) on the parlor level and on the top two floors of which 8 rooms with 6 being occupied, 1.5 bathrooms and a kitchen alcove. Currently, lower rents with paying tenants, provides lots of upside for the building.
Some TLC needed. Building sold without the Certificate of no harassment and subject to the occupancy of the 6 tenants.
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