Located at Edgecombe Avenue and West 138th Street, one would think that the charming little townhouse (center building in photo), just one block away from St. Nicholas Park, would be a great buy at the asking price of $700K. What's the catch? There are apparently three occupants, who do not contribute to rent, living in the building which is basically an SRO with no certificate of non-harassment in place. The building is 18 foot wide with a shallow lot of 62 feet so it doesn't have the biggest back yard either. The closest train is the B,C train at 135th Street and St. Nicholas Avenue which only a five minute walk. Has anyone seen the place? Photo by Ulysses
Monday, January 4, 2010
☞ DWELL: 66 Edgecombe Avenue Townhouse
Located at Edgecombe Avenue and West 138th Street, one would think that the charming little townhouse (center building in photo), just one block away from St. Nicholas Park, would be a great buy at the asking price of $700K. What's the catch? There are apparently three occupants, who do not contribute to rent, living in the building which is basically an SRO with no certificate of non-harassment in place. The building is 18 foot wide with a shallow lot of 62 feet so it doesn't have the biggest back yard either. The closest train is the B,C train at 135th Street and St. Nicholas Avenue which only a five minute walk. Has anyone seen the place? Photo by Ulysses
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good sites and good your job thanks ver much
ReplyDeleteI'd be interested in finding out what's going on w/that property. 700K sounds like a damn good deal.
ReplyDeleteThis is a beautiful area. Close to St. Nick park with a dog run, film festival in summers, and close to subway.
ReplyDeleteWow. $700K - How does one expire a certificate of Non-Harassment?
Some additional information is that the townhouse was bought back in April 2009 for $435K. Sounds like the owner is trying to sell it off and make a profit but has not dealt with what might be a squatter situation.
ReplyDeletenot squatters, but long time elderly residents.... 435 is the right price for it. Inside is hellacious. leak from the top floor for years - definite beam damage. Enjoy!
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