30 Edgecombe Avenue, New York, NY 10030

For Sale

$1,725,000 USD
$1,725,000 USD
  • 5 Beds
  • 7 Baths
  • 3,850 Sqft
  • Single Family Townhouse
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Property Summary for 30 Edgecombe Avenue Español?

Type
Single Family Townhouse
Taxes
897 USD
Neighborhood
Harlem
Zip
10030
School District
5

Description for 30 Edgecombe Avenue

Situated in the Dorrance Brooks Square Historic District and adjacent to Strivers? Row, 30 Edgecombe Avenue represents an outstanding rental investment opportunity. This gorgeous Renaissance Revival red brick seven family townhouse overlooks St. Nicholas Park and is in excellent condition, with low real estate taxes and excellent gross operating income ($121,517/year) and cash on cash return. As such, it combines beautiful architecture and great location with an excellent capitalization rate and return on investment. In addition, to accommodate an owner-landlord the first floor can be delivered fully vacant with a private back yard. At 17.5 feet wide and 55 feet deep, this property provides 3,850 square feet of space plus a yard accessible by all units and a clean, dry cellar with 8.5-foot head height, plus an additional 5,631.5 square feet of air rights. The exterior has the original Renaissance Revival red brick and stone façade with a stunning accent bay window on the second floor, Queen Anne accents, and cornice, while the interior boasts period detail including original oak doors, woodwork, mirrors, and fireplaces. The seven apartments, all rent-stabilized, consist of three one-bedroom units, three studios, and a floor-through two-bedroom home. All units have high ceilings, large windows supplying lots of natural light, open-plan kitchens with recently updated appliances, and tiled bathrooms. The property?s systems are well maintained, and all units have separate meters and are wired for cable and internet. This lovely townhouse is just a stroll from the up-and-coming restaurant scene on Frederick Douglass and Adam Clayton Powell Boulevards, and City College is just a short walk away. The property is close to shopping on 125th Street, with Whole Foods, Bed Bath and Beyond, and more, and is also conveniently situated for transportation options, with the B/C subway lines and the M3 and M10 bus lines all adjacent to the house. For recreation, St. Nicholas Park is right across the street.This stunning property is delivered with well-qualified tenants in four of the seven units, and Certificate of Occupancy and all paperwork provided. Please contact us today for your private appointment - don?t miss this outstanding rental investment opportunity!*This is a cash-only sale - please be prepared to provide proof of funds Click Here for Full Listing Details
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Features for 30 Edgecombe Avenue

Lot Features
  • Garden
Building Features
  • units: 7
Interior Features
  • Fireplace
Listing provided by RealtyMX based brokers

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Demographics in 10030

Population

Total population 31,060
Male population 13,537
Female population 17,523
Median age 35.40

Households

Total households 12,688
Average people per household 2.38

Housing

Total housing units 13,963
Owner occupied 1,488
Renter occupied 11,200
Median year built 1949

Income

Median household income 42,348
Average household income 74,544

Disclaimer

Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2019 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.

No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Nearby Schools See more properties in 5

School Name GreatSchools Rating Grades Students Distance
PS 92 Mary McLeod Bethune
Elementary School
PK-5 260 0.2 miles
6 PK-5 260 0.2 miles
PS 123 Mahalia Jackson
Elementary & Middle School
PK-8 463 0.2 miles
5 PK-8 463 0.2 miles
Success Academy Charter School-Harlem 5
Elementary & Middle School
K-8 748 0.2 miles
8 K-8 748 0.2 miles
Democracy Prep Harlem Charter School
Elementary, Middle & High School
K-12 1033 0.3 miles
6 K-12 1033 0.3 miles
St Aloysius School
Elementary & Middle School
PK-8 197 0.3 miles
NR PK-8 197 0.3 miles
School Name GreatSchools Rating Grades Students Distance
Eagle Academy for Young Men of Harlem
Middle & High School
6-11 377 0.0 miles
1 6-11 377 0.0 miles
Knowledge And Power Prep Academy Iv
Middle School
6-8 141 0.0 miles
NR 6-8 141 0.0 miles
St. Hope Leadership Academy Charter School
Middle School
6-8 300 0.2 miles
7 6-8 300 0.2 miles
PS 123 Mahalia Jackson
Elementary & Middle School
PK-8 463 0.2 miles
5 PK-8 463 0.2 miles
Success Academy Charter School-Harlem 5
Elementary & Middle School
K-8 748 0.2 miles
8 K-8 748 0.2 miles
School Name GreatSchools Rating Grades Students Distance
Eagle Academy for Young Men of Harlem
Middle & High School
6-11 377 0.0 miles
1 6-11 377 0.0 miles
Mott Hall High School
High School
9-12 286 0.0 miles
1 9-12 286 0.0 miles
A Philip Randolph Campus High School
High School
9-12 1525 0.2 miles
3 9-12 1525 0.2 miles
Thurgood Marshall Academy for Learning & Social Change
Middle & High School
6-12 561 0.2 miles
2 6-12 561 0.2 miles
Democracy Prep Harlem Charter School
Elementary, Middle & High School
K-12 1033 0.3 miles
6 K-12 1033 0.3 miles
Data provided by GreatSchools i
Robert  D. Pair

Robert D. Pair

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