What's Happening?
A Federal-style townhouse located at 412 East 89th Street in Yorkville, New York, is on the market for $5 million. The four-story home, which spans 20 feet in width, features a blend of historic details and modern comforts. It includes a large rear patio
and a skylit central extension with 14-foot ceilings. The property is a legal three-family dwelling, offering flexibility for high rental income or conversion to a single-family home. The townhouse is situated near Carl Schurz Park and Gracie Mansion, providing a desirable location for potential buyers.
Why It's Important?
The listing of this Yorkville townhouse highlights the ongoing demand for flexible and luxurious living spaces in New York City. With its potential for high rental income and proximity to notable landmarks, the property appeals to both investors and families seeking a prestigious address. The real estate market in New York continues to attract interest from buyers looking for unique and adaptable properties, and this townhouse exemplifies the type of investment that can offer both lifestyle benefits and financial returns.
