542 West 142nd Street
542 West 142nd Street
Sold 3/18/19
Sold 3/18/19
Description
**Important information**: The current owner has made several significant capital improvements to this property including but not limited to: new roof, french...One of the most outstanding blocks in Hamilton Heights, 542 West 142nd Street is a turn-key rent-stabilized investment property with $110,000 in gross income and eight (8) Class-A studio apartments. Taxes are very low, only $425 / month. There is enormous potential for growth in rents over the next 5-10 years. Email for full property setup PDF.
**Important information**: The current owner has made several significant capital improvements to this property including but not limited to: new roof, french drains in the cellar, newly renovated apartments 2 and 4, a new convenience staircase from cellar (to access garden without needing to go through apartments), waterproofing for the front and rear of the building, new fencing, new concrete deck in garden, CCTV wiring, new LED fixtures, paint, and flooring in the common hallways, two new front entry doors, new baseboard heating for all units, and a newly repointed the back facade. These are *enormous* improvements that the new buyer will benefit from and should be carefully considered when comparing other investment properties for purchase.
The block, West 142nd Street between Broadway and Amsterdam, is made of fully contiguous brownstones, is tree-lined, and is very beautiful! The property is in close proximity to the 1/A/B/C/D trains and a short walk to Fairway, Riverbank State Park, and the Sugar Hill Historic District.
Listing Agents
![John McGuinness]()
jm@compass.comP: 617.833.5668
![Pedro Felix]()
pedro.felix@compass.comP: 347.261.9863
Amenities
- Basketball Court
- Walk Up
- Northern Exposure
- Southern Exposure
- Voice Intercom
- Basement
- Tennis Court
- Lowrise
Location
Property Details for 542 West 142nd Street
| Status | Sold |
|---|---|
| Days on Market | 150 |
| Taxes | $425 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 16.0 |
| Compass Type | Multi Family |
| MLS Type | House/Building |
| Year Built | 1910 |
| Lot Size | 1,698 SF / 17' x 100' |
| County | New York County |
Building
542 W 142nd St
Location
Building Information for 542 West 142nd Street
Payment Calculator
$11,722 per month
30 year fixed, 7.25% Interest
$11,297
$425
$0
Property History for 542 West 142nd Street
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 542 West 142nd Street
Schools near 542 West 142nd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 192 Jacob H Schiff PublicPK to 5 | ||
Ms 319 Marie Teresa Public6 to 8 | ||
A Philip Randolph Campus High School Public9 to 12 | ||
Harold O Levy School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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