It previously was on the market for a total of 281 days.
281 days on Market
Pricing History
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Previous Photos & Floor Plan
Key Details
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Listed: Sep 17, 2019Last Price Change: -2.6% ($250,000) on Feb 5Days on Market: 281Building Type: CooperativeNeighborhood: Hamilton Heights (Manhattan)
Est. Monthly Mortgage:
-
Mortgage calculator
Total Est. Monthly Carrying Cost:
$52,310
Note: the above is based on a down payment of 20% ($1,900,000),
which is the minimum amount permitted by the building.
Description
Excellent multifamily investment opportunity in a prime Harlem location! Brand new, completely renovated and restored, fully occupied and easy to manage! Constructed in 1901 as one of four terraced buildings on St. Nicholas Terrace, a short and lovely tree-lined block steps from beautiful St. Nicholas Park, this handsome 15-unit apartment house with 5 stories plus a basement offers excellent income and an amazing 5% return.
The entire building, all common areas and all spacious residences were recently redone, making this offering truly hard to resist. The apartments, two of which are duplexes, offer large sunny windows, rich hardwood floors, exposed brick walls, modern kitchens and baths, and elegant prewar details. With all free market tenants already in place and a location that can't be beat, this property will generate income and interest for years to come!6 St. Nicholas Terrace is nestled in the heart of historical Harlem, between St. Nicholas and Covenant Avenues, and West 127th and 128th Streets.
The address is minutes from the famous Apollo Theater, Sylvia's restaurant, St. Nicholas and Morningside Parks, City University, Columbia University Expansion and other great attractions for which the area is known. Two blocks away are the A, B, C, D subway lines at St. Nicholas Avenue and W. 125th Street.
PLEASE EMAIL US FOR SETUP.
Other specifications of this exceptional property include:Lot Dimensions: 38.58 80Block & Lot: 1954/14Gross Building Size: Approx 12,600 Sq. Ft.Unused Air Rights: Yes Zoning/FAR: R8/6.02
The entire building, all common areas and all spacious residences were recently redone, making this offering truly hard to resist. The apartments, two of which are duplexes, offer large sunny windows, rich hardwood floors, exposed brick walls, modern kitchens and baths, and elegant prewar details. With all free market tenants already in place and a location that can't be beat, this property will generate income and interest for years to come!6 St. Nicholas Terrace is nestled in the heart of historical Harlem, between St. Nicholas and Covenant Avenues, and West 127th and 128th Streets.
The address is minutes from the famous Apollo Theater, Sylvia's restaurant, St. Nicholas and Morningside Parks, City University, Columbia University Expansion and other great attractions for which the area is known. Two blocks away are the A, B, C, D subway lines at St. Nicholas Avenue and W. 125th Street.
PLEASE EMAIL US FOR SETUP.
Other specifications of this exceptional property include:Lot Dimensions: 38.58 80Block & Lot: 1954/14Gross Building Size: Approx 12,600 Sq. Ft.Unused Air Rights: Yes Zoning/FAR: R8/6.02
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About 6 Saint Nicholas Terrace
- Co-op
- Built in 1901
- 15 Apartments
- 5 Floors
Building Amenities
- Pre War
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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 and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
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