25 Indian Road, 3-F

Investment property only! Unobstructed Inwood Hills Park views! No board approval sponsor sale! This convertible three bedrooms apartment currently asking price is 75% below market value.
This unit offers: two Kings sized bedroom, dining alcove/home-office, pass-thru windowed kitchen, 2-ceramic tiled bathrooms, formal dining room/3rd bedroom and a large living room area with unobstructed panoramic Inwood Hills Park views. The apartment is in its original conditions, kitchen and bathrooms need some renovations, walls and floors are in great shape. Rent stabilized tenant resides in this apartment the current rent is close to the maintenance, with next year lease renewal it would exceed the maintenance and provide a positive cash flow. The market value of this unit is over $580,000, great opportunity for a long term investor. The potential of buying property with built-in equity is rare in NYC, especially in a building like 25 Indian Rd. The building offers: Indoor garage (wait-list, extra fee), laundry facility, bike room and resident super. If you will like to learn more about the financials and set-up a viewing please contact Miguel Ceara.