66-72 Saint Nicholas Ave #3G, New York, NY 10026

Description

This renovated two-bedroom South Harlem condominium presents a compelling opportunity for both homeowners and investors alike. Delivered vacant, the residence offers the flexibility to move right in or immediately generate income, depending on your strategy.

For investors, projected performance reflects an estimated 4.5% cap rate with strong first-year cash-on-cash potential based on current market rents of approximately $3,700/month. LLC purchasing is permitted, and the condominium structure supports leasing with board approval and a standard Right of First Refusal, offering greater flexibility than more restrictive ownership types.

Defined layout. Flexible second bedr...