688 Pennsylvania Avenue, New York, NY, 11207
$1,999,000
$1,175,000
activeBedrooms
0
Lot Size
2,470 sqft
Year Built
1923
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
This four-family property presents a unique opportunity for investors and end-users looking to add value. The home includes a fully finished basement, offering additional usable space, as well as a private driveway for added convenience. While the property has solid bones and a functional layout, it does require updates and improvements, making it ideal for buyers seeking a renovation project or value-add investment. Each unit is currently maintained, but there is significant potential to modernize and increase rental income. With its generous configuration, there is also the possibility to convert the property into an eight-family dwelling (subject to proper approvals), further enhancing its income-producing potential. This is a must-see opportunity for those looking to customize, expand, and unlock long-term value.
Listed by Neriya Borukhov, Winzone Realty Inc
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Aug 31, 2026, 4:20 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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