$2,150,000 $2,299,000
Updated 6 years ago
Off Market

549 Manhattan Ave

Harlem, Manhattan | West 122nd Street & West 123rd Street

10 Rooms5 Beds5 Baths4,200 Square FeetMulti-Family

$2,150,000 $2,299,000
floors / apts4 / 3
Lot Size15'x74'
Built Size15'x56'
ZoneR7B
Building TypeTownhouse
RE Taxes$6,792
Price Per SF
$512

Building Amenities

  • Voice Intercom

Property Description for 549 Manhattan Ave

Great investment opportunity to own and have rental income. Owner owned duplex plus finished basement with two income-producing large one-bedroom units awaits you. The apartments are fully renovated and ready to be leased! With stainless steel appliances, hardwood floors throughout and open pass-through kitchen provide a great layout. The owners duplex is also completely renovated with a fully finished basement and serene private outdoor space. Just two short blocks from the A, B, C, and D Subway line. One block away from morning side park, and a short walk to major retails stores and restaurants! You are at the crossroads of everything! Do not miss the opportunity to own this wonderful home and rental income possibility.

Listing History for 549 Manhattan Ave

Now
08/07/2020
$2,150,000 [-$149,000] [6.5%]
Price Drop by Vie Wilson
Compass
07/27/2020
Back on the Market by Vie Wilson
Compass

Building Details for 549 Manhattan Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1886
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.11 miles
116 St
0.33 miles
125 St
0.44 miles
125 St
0.48 miles

Citi Bike

St Nicholas Ave & Manhattan Ave
0.02 miles
Morningside Ave & W 123 St
0.08 miles

Contact Agents

Contact Agents

Vie Wilson
Compass

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 22159TH