195 Edgecombe Ave New York, NY 10030

The renovated townhouse offers vintage hickory flooring throughout, 12' high Ceilings, crown molding, exposed brick, noise cancellation windows, front facing bay windows on parlor level, original tier-on-tier wood shutters, tiled bathrooms, solid Cherry wood doors, beautiful original detailed woodwo...rk including carved staircase railings and banisters. This remarkable townhouse could be a great opportunity for extra income, and or catered to the first-time home buyer looking to utilize the brilliant layout including the owner’s unit set up on the garden level with a large home office. The second and third levels have four large studio units in total, two on each floor with full bathrooms in each studio with the exception of one. The top floor is comprised of a spacious sun-filled three-bedroom, one-bathroom unit with exposed brick and a skylight in the kitchen. The basement level includes high ceilings, a laundry room, an extra storage room, a full bathroom with the space to build another room, and an emergency exit leading to the rear garden level. The hand-cemented insulated stones allow for a climate-controlled basement year-round, Perfect location for your wine cellar. INCOME - Garden Floor Rental: $2,800. - 2nd Floor Rental: $2,150. - 3rd Floor Rental: $2,050. - 4th Floor Rental: $2,500. EXPENSES - Spectrum Internet: $400 / month - Con Edison (gas + electricity): $650 / month - Insurance: $300 / month - Water Bill: $320 / 3 months - Super’s salary: $1,000 / month TAX - Tax Class: 2A - Property Tax: $5,234 annually Continue reading