235 136Th StNew York, NY 10030

This exceptional investment opportunity presents a vacant, three-story plus lower level single-room occupancy (SRO) townhome at 235 West 136th Street in New York, NY 10030. The property boasts approximately 3,100 square feet and is situated on the north side of West 136th Street, between Adam Clayton Powell Jr. Boulevard and Frederick Douglass Boulevard in the vibrant Harlem neighborhood. Approved plans are in place for conversion into a two-family dwelling, significantly enhancing its value and rental income potential. Beyond the existing structure, substantial additional development potential exists, with approximately 2,400 square feet of available air rights. This presents a unique opportunity to expand the property further, creating even greater returns. The building's strategic location offers unparalleled convenience, with easy access to public transportation via the 2 & 3 subway lines at 135th Street & Lenox Avenue, and the A, B, & C lines at 135th Street and Saint Nicholas Avenue. The asking price is $1,950,000, translating to a price per square foot of $629.03. This property is an ideal investment for those seeking a strong return in a rapidly developing area of Manhattan.