$2,300,000

427 Convent Avenue, New York City, NY 10031

  • 7 beds |
  • 7 baths |
  • 2,688 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $856/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

5%+ Cap Rate! User/Purchaser or Investor Friendly Opportunity Welcome to the Sugar Hill Historic District of Hamilton Heights, a neighborhood filled with old growth trees and turn of the century townhouses sitting high above the valley of Central Harlem. Hamilton Heights is named after Alexander Hamilton, who built his home here. This is a neighborhood rich with history from jazz legends, the beautiful City College Campus and has 5 subway lines and 5 parks within a 10-minute walk of this 5-family townhouse. The house, built in 1926 and renovated in 2016, is fully leased with market rate rents. On the garden level and parlor floor is a 3-bedroom, 3 bath duplex with high ceilings and exclusive access to the approximately 425 sq ft. garden and W/D. This can be used as an owner’s duplex- presently rented month to month. On the 3rd and 4th Floor are 2 Studios per floor. Setup sheet available on request. The home has East and West Facing exposures that provide great natural light throughout the day and is located on a townhouse heavy section of the neighborhood- so even the garden level space gets great natural light not blocked by tall buildings. Low property taxes of just $647/month. Convent Avenue consists of mostly residential properties and the City College campus which limits vehicle traffic- so residents are treated to a much calmer, quieter and more desirable living experience. All new building systems (boiler, roof, meters, etc) were installed when the building was renovated in 2016 and well maintained since. The house is built 16’ x 54’ on a lot that is 16’x85’. Gross Square Footage is 3,456 including the garden level. Sugar Hill is Featured on the Harlem Stories Podcast!

Listing Status:
Active
Date Added:
April 27, 2026
Data Last Updated:
June 12, 2026 at 6:24PM
Listing Office:
Howard Hanna NYC : (212) 729-5712
Listing Agent:
Adam Feinberg : (914) 261-9594
MLS ID:
RLS20087034
  • Laundry: Building In Basement
  • Heating: None
  • General: Private Outdoor Space Under 60 Sqft
  • General: 0
  • HOA Amenities: Monthly
  • Originating MLS: RLS_REBNY
  • County: New York
  • Zoning: 2063-0017
  • Source: RLS_REBNY

This listing courtesy of Adam Feinberg , Howard Hanna NYC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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