161 West 132nd Street, NY
Rare 60’ Wide Income/Conversion Opportunity in Central Harlem
Overview
Key Highlights
- Price $4,900,000
- Zoning R7-2/C1-4
- Location Central Harlem West Historic District
- Buildable Sq. Ft. 30,035 BSF with UAP Bonus
Investment Highlights
• 135-Spot operating parking garage with a potential gross income of $842,625
• 60’ Feet of frontage on West 132nd Street
• Flexible conversion options
• 22,800 SF above grade plus a 5,700 SF cellar w/ service elevator
• Close proximity to the 2, 3, A, B & C subway trains (20-25 min to Times Square)
• Delivered vacant
• With flexible R7-2 / C1-4 zoning 30,035 BSF with a UAP bonus
• Local condominiums achieving sellouts approaching $1200/SF
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