10 132Nd StNew York, NY 10037

This exceptional 16-unit apartment building, located at 10 West 132nd Street in Central Harlem, presents a compelling investment opportunity. Built in 2020, this meticulously maintained property boasts 10,298 square feet and offers a diverse mix of units: nine studios, five one-bedroom, one two-bedroom, and one three-bedroom apartment. Each unit features high-end, condo-like finishes. The building is equipped with an elevator, ensuring convenient access for all residents. The asking price is $4,900,000, translating to $306,250 per unit and $475.82 per square foot. A significant advantage is the remaining 20 years of a 35-year 421a tax exemption, freezing property taxes at 5% of gross income ($22,156) until 2045. This provides exceptional tax predictability and stability for the investor. The building's prime location offers easy access to public transportation, being steps from the 135th Street 1 train and a short walk from the 125th Street 4/5 trains. This property represents a rare combination of modern construction, desirable unit mix, advantageous tax benefits, and a highly convenient location in a thriving neighborhood. The building is compliant with Local Law 1, having zero lead. This is a turnkey investment ready for immediate income generation.