SOLD FOR $160,000
Listed at $195,000 · Sold 17.9% below asking · Closed May 28, 2014
$160,000
Listed at $195,000 $-35,000 vs asking
25 Indian Road #3-F
MLS® #RLS10465563
Listing by R New York
2
Bedrooms
2
Baths
N/A
Sq. Ft.
1960
Year Built
Sale Details
Property Summary
Description
Investment property only! Unobstructed Inwood Hills Park views! No board approval sponsor sale! This convertible three bedrooms apartment currently asking price is 75% below market value. This unit offers: two Kings sized bedroom, dining alcove/home-office, pass-thru windowed kitchen, 2-ceramic tiled bathrooms, formal dining room/3rd bedroom and a large living room area with unobstructed panoramic Inwood Hills Park views. The apartment is in its original conditions, kitchen and bathrooms need some renovations, walls and floors are in great shape. Rent stabilized tenant resides in this apartment the current rent is close to the maintenance, with next year lease renewal it would exceed the maintenance and provide a positive cash flow. The market value of this unit is over $580,000, great opportunity for a long term investor. The potential of buying property with built-in equity is rare in NYC, especially in a building like 25 Indian Rd. The building offers: Indoor garage (wait-list, extra fee), laundry facility, bike room and resident super. If you will like to learn more about the financials and set-up a viewing please contact Miguel Ceara.
Property Details
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Listing courtesy of Miguel Ceara at R New York. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.