$480,000
Updated 17 years ago
Off Market

508 West 139th Street, 4

Hamilton Heights, Manhattan | Amsterdam Ave & Hamilton Place

6 Rooms4 Beds1 Bath1,100 Square FeetCo-op

$480,000
Maintenance$560
Price Per SF
$436

Listing Features

  • Corner Apartment
  • Hardwood Floors
  • High Ceilings
  • Original Details
  • Split Bedrooms
  • Windowed Kitchen

Building Amenities

  • Voice Intercom
  • Elevator

Policies

  • Pets Allowed

Property Description for 508 West 139th Street, 4

8% Net Cap Rate from this super investment apartment in Hamilton Heights. This unique apartment is located less than a half a block from City College and near Columbia. This apt is a perfect opportunity, as well as, for an investor or for someone who wants to make it their ideal home. The ceilings are high and there is 1,100 sq ft to work with. There is also a potential to combine rooms. The apartment is currently set up to allow 5 tenants in their own separate bedrooms and generating $3,800/month in rental income. Moreover it has a very low maintenance. There are no restrictions from the Coop in regard to renting the bedrooms. The property is very well maintained. The apartment is priced very well at $455/sq ft. All home buyers and investors are welcome. Call for an appointment.

Listing History for 508 West 139th Street, 4

Now
02/16/2009
New Agency by Russell K. Miller
Brown Harris Stevens
02/16/2009
Back on the Market by Russell K. Miller
Brown Harris Stevens

Building Details for 508 West 139th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1910
Financing Allowed90%
Floors/Apts6/41
Learn More About the Building

Transit and Citi Bike

Subway

137 St-City College
0.15 miles
135 St
0.3 miles
145 St
0.35 miles
145 St
0.42 miles

Citi Bike

Hamilton Pl & W 140 St
0.09 miles
Amsterdam Ave & W 136 St
0.13 miles

Contact Agent

Contact Agent

Russell Miller
Brown Harris Stevens

Hamilton Heights | Manhattan

Quick Profile

Primarily a residential neighborhood, Hamilton Heights has a mix of brownstones, walk-ups and older apartment buildings, together with more luxurious apartment and condo buildings situated along Riverside Drive. Known for being a working class neighborhood in the past, now there are many artists, teachers and actors making their homes in Hamilton Heights.  

Hamilton Heights has a diverse population that prides itself on being a tight-knit community, one where neighbors know and respect one another, work together on issues that confront the community, support each other in difficult times, and spend time together socializing at block and seasonal parties.

Although there are many types of public transportation available, the area subway stops may require a bit of a walk, so you will need to plan for this time in your commute.

Hamilton Heights has a definite family-oriented vibe, and there are many playgrounds and activities for children. Additionally, you can find child daycare at reasonable prices. Riverbank State Park has many activities and recreational opportunities geared toward children. 

Although there are plentiful places to shop for groceries, everything from the bigger national chains to the neighborhood bodegas and delis, they are starting to show the impact of gentrification in the higher prices they are charging, especially for organic products.

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: 397328