2280 Frederick Douglass Blvd. 5F, New York, NY 10027

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This large open-concept studio has a tenant in place with a $2,500 rent and is located in a condominium with no ‘Right of First Refusal’ waiver required and an easy approval process, so you can enjoy immediate and great income due to the robust rental market, the tax abatement, and low carrying costs.

The home’s layout, with wide-plank oak floors laid throughout, offers many options for furniture configuration. Three closets provide ample storage and the modern finishes include full-size stainless steel appliances from the Electrolux Icon Series including a dishwasher, Caesarstone countertops, custom cabinets from Aster Cucine, and a full-size washer and vented dryer from LG.

The four-fixture bathroom provides a spa-like environment with imported tile, brushed nickel finishes from Waterworks, and a Neptune soaking tub.

2280 Frederick Douglass Boulevard is a full-service condominium located in prime Harlem with a full-time attended lobby and live-in super. Residents enjoy two outdoor spaces: a roof deck outfitted with a barbecue grill and fireplace and a landscaped second-floor terrace with pergolas and a barbecue grill. The location is in the middle of Harlem’s active scene of restaurants and shopping, and its many green spaces, including Morningside Park and its farmer’s market, and Central Park.

The many transportation options include an in-building parking garage with EV chargers, the A/B/C/D express and 2/3 trains at 125th St., as well as multiple bus lines including the M60 Select Bus Service to LaGuardia Airport, Citi Bike, and Revel mopeds.

With a tax abatement that expires in 2035 and low carrying costs, this home should provide value for years to come.Read More…