111 132Nd StNew York, NY 10027

For Sale
$1,695,000

Historic 3-unit building, vacant, $1.695M

Overview

Added:
Dec 11, 2024
Days on market:
96
This stunning 1910 Queen Anne-style townhouse, boasting 3,264 square feet on a 1,749 sq ft lot, presents a unique investment opportunity in Central Harlem's Historic District. The property, a four-story building with three units, is currently vacant and priced at $1,695,000 ($565,000 per unit, $519.30/sq ft). A straightforward conversion to a 1-2 family residence or a larger multi-family rental is feasible. The building features a brand new boiler and hot water heater. Its prime location offers easy access to Harlem's vibrant Restaurant Row, shopping on 125th Street, and excellent public transportation (2/3 and B/C subway lines, M2, M7, and M102 buses). Nearby parks, St. Nicholas Park and Mount Morris Park, provide recreational opportunities. Benefiting from abundant natural light due to its position between a community garden and a church, this property offers minimal risk and significant potential for investors. The building's rich history as a clubhouse for The Frogs, a pioneering Black theater organization, adds to its unique character.

Highlights

  • Straightforward conversion to residential (1-2 family) or multifamily (3+ family) occupancy.
  • Prime Upper Manhattan location in the Central Manhattan Historic District on a quiet street.
  • Steps from Harlem's Restaurant Row and 125th Street's shopping and entertainment.
  • Excellent transit access: 2/3 and B/C subway lines, plus M2, M7, and M102 bus routes.
  • Exceptional investment opportunity with low risk and high potential.

Property Details for 111 132Nd St

Property type
Multifamily properties, Apartment buildings
Square Feet
3,264 SF
Year Built
1910
Buildings
1
Stories
4
Units
3

Location Insight

City
New York
County
New York
State
New York
Latitude
40.8126353
Longitude
-73.9428444
111 132Nd St, New York, New York

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111 132Nd St
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