Building: 66-72 Saint Nicholas Avenue

Built in 1915, St. Nicholas Court converted from rental to condo in 1991. The building has 54 units, over 7 floors, with a mix of primarily of 2 bed/1 bath and 3 bed/2 bath units between 800-1100 square feet, with just a few one bedrooms. The building has a video intercom system, elevator, central laundry, bike room, storage units and a common courtyard. Located on the southeast corner of West 114th Street and Saint Nicholas Avenue, the building is just a few blocks from Central Park, multiple subway lines and is perfectly positioned to benefit from the revitalization of Harlem. Fabulous restaurants on Frederick Douglass are just an avenue over, and its just a few blocks north to the Red Rooster, Sylvia’s and the Apollo Theater. There is convenient shopping, with multiple supermarkets, weekly farmers and flea markets, and specialty shops within a few blocks, including the new Whole Foods.

Owners benefit from very low taxes, with a J-51 abatement reducing tax payments until it expires in 2026. The building is investor friendly, and allows all buying situations with as little as 10% down.

This description was provided by:Soren Bech