254 W 123rd Street , #1

Description

With a tenant in place until June 2024, this condominium delivers a cap rate greater than 4%. This boutique three-unit townhouse has uncommonly low monthlies, no board approval, and no application fees. It's ready for a quick close making it an ideal 1031 exchange. With 3 bedrooms and 3 bathrooms, this duplex garden condominium in prime Harlem maximizes live/work/play flexibility with three outdoor spaces including a private garden and over 2,000 square feet of living space and amenities, all accessible through a private entrance. Enter this classic townhouse into an expansive 25-foot long open concept living space which is framed by exposed brick and hardwood floors and includes a wood-burning fireplace, a formal dining area, and a chef's kitchen with Wolf and Bosch appliances. The oversized island and breakfast bar are surrounded by a wealth of storage and make entertaining at home easy and comfortable. The master bedroom is a private retreat with a balcony, walk-in closet, and an en-suite bath, complete with a deep soaking tub. A second large bedroom with an adjacent full bathroom overlooks the serene back yard. The lower level consists of a large open space ideal for recreation or business and has a third bedroom set discretely near the garden entrance, a third bathroom, in-home laundry, and additional storage. The private backyard garden offers a quiet urban oasis where there is ample space for relaxing, entertaining on the patio, and gardening in the uniquely designed and customized raised garden bed area. Central heat and A/C finish this modern and charming home. 254 West 123rd Street is a quaint three-unit, well-maintained condominium, located on a tree-lined street just around the corner from Frederick Douglass Boulevard and close to Harlem's parks and green spaces. The location is convenient to Columbia University, City College, and area hospitals, and it's perfect for the commuter with multiple transportation options including parking garages, the A,B,C,D subway express stop at 125th Street, the 2/3 subway on Lenox Avenue, 125th Street's crosstown buses, the M10 bus on Frederick Douglass Boulevard, Citi Bike, and Revel mopeds.