---
title: "427 Convent Avenue, New York, NY 10031"
description: "427 Convent Avenue, New York, NY 10031 — NYC real estate listing on Real Estate Rebate Team. Priced at $2,300,000. Est. potential buyer savings up to $57,500 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10031/427-convent-avenue-ny-10031"
source: "Real Estate Rebate Team"
---

# 427 Convent Avenue, New York, NY 10031

> **Listing Courtesy of:** Howard Hanna NYC

## 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!

## Property Details

- **Price**: $2,300,000
- **Potential Buyer Rebate**: $57,500
- **Bedrooms**: 7
- **Bathrooms**: 7
- **Living Area**: 2,688 sqft
- **Property Type**: Residential
- **Year Built**: 1926
- **Building**: 427 Convent Avenue
- **Neighbourhood**: Hamilton Heights
- **Area / Borough**: Manhattan
- **Subdivision**: Hamilton Heights
- **Listing Office**: Howard Hanna NYC
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$57,500** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/427-convent-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/hamilton-heights)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

---

> 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.