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$1,347,500
List Price: $1,375,000
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197 Edgecombe Avenue
Townhouse in Hamilton Heights •  building info
12bd • 4ba • 3,876ft² $355 per ft²
Buy with Yoreevo

$1,347,500

List Price

$1,375,000

Key Details
Days on market
8
Last price change
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Estimated payment
$48,997/mo
Taxes
$41,175/mo
Maintenance
N/A
Description
Central Harlem / Hamilton Heights Brownstone 4-Story, 12-Unit SRO with Vacancies Located in the vibrant and transit-rich neighborhood of Hamilton Heights, this classic 4-story, 12-unit SRO brownstone offers a rare opportunity for owner-occupants or investors alike. Spanning approximately 3,876 square feet, this well-maintained walk-up blends 19th-century charm with modern upgrades and features 9 vacant rooms ready for immediate use or reconfiguration. Highlights include: Three clean, functional kitchens and four updated bathrooms New roof (2023) Gas water heater and boiler (2019) Updated electrical: Main panel in the basement with circuit boxes on each floor Energy-efficient windows throughout Fire sprinkler system Beautiful period stairwell with skylight Private rear yard with visible 3-story extension Zoned R6A with a current FAR of 2.33 and a potential FAR of 3.0buyers are encouraged to consult their architect regarding development potential. Situated near iconic landmarks such as the Dance Theatre of Harlem, local libraries, historic districts, and a wide array of shops, schools, and houses of worship. Transit access is exceptional, with nearby subways (A, B, C, D, 1, 2, 3) and buses (Bx19, M3, M10, X59, X84). Estimated Annual Expenses (2025/26): Real Estate Taxes: $41,175 Insurance: $8,000 Water: $4,000 Utilities: $10,000 The seller is motivated and will review serious, well-documented offers submitted via email, including proof of funds.

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Building info

History
What it'll cost
Purchase price
$1,375,000
Asking Price: $1,375,000
Term
30 Years
Down Payment
$137,000 (10%)
Min: 10% (137,000)
Rate
6.5 %
Mortgage Amount
$1,237,500
Mortgage Payment
$7,822
Taxes
$41,175
Estimated Yoreevo rebate
$27,500
Estimated closing cost
$50,000
Total monthly cost $48,997
Buy your dream home with us and get an estimated $27,500 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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