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118-120 W 124th St
New York, NY 10027

Multifamily in Central Harlem / New York / NY / 10027

$3,990,000

20% Min Down
Entire Building
Listed Aug 22nd, 2018
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Common Charges
No Data
Property Taxes
No Data
Mortgage
$14,783
Total Monthly Payment
$14,783
Est. Rental Income
$1,595
Cap Rate
No Data
HopScore Analysis
HopScore Market Price:
$4,029,900
Difference from Asking Price:
$39,900
Closest Comparable:
None Found
Description
POTENTIAL DEVELOPMENT SITE

Two contiguous multi-family brick houses situated in a fantastic location on 124th Street between Lenox Ave and Adam Clayton Powell Jr. Blvd in Harlem.

Investment overview

- Frontage: 37.5 feet
- Buildable square feet: 13,020
- Sellable square feet: 11,067
- Lot dimensions: 37.5 x 100.92
- Lot: 3785 feet
- Zoning: C4-4
- Combined taxes: $3,360
- Ownership: Fee Simple
- Proposed use: Apartments – Condo / Multi-Family

Transportation

Subject property is just a block away from 125th Street subway station 2 & 3 lines. 4,5,6 lines and MetroNorth are a few blocks away providing fast links to all of Manhattan, the Bronx, Queens and Brooklyn. Three blocks to the west you also have access to the A,B,C,D trains. On Lenox Ave there are bus stops for M7, M102 , M101, M60 buses. Easy access to major roadways, Westside highway provides access to bridges and tunnels, FDR drive provides access to the Bronx, Brooklyn & Queens. All roadways connect for easy travel up and down the Eastern seaboard. Port Authority Bus station and Penn Station (Amtrak, NJ Transit) & Long Island Railroad, are all easily accessible.

Neighborhood

The site is perfectly located in one of the most up and coming neighborhoods in Manhattan. Whole Foods is right at the end of the street, along with coffee shops, wine bars, restaurants, entertainment (movies, jazz clubs, Apollo theater) library, Marcus Garvey Park as well as Central Park are all in close proximity. There are a number of new condominium buildings in the area.
Features & Amenities
Listed By
Richard Gibbons
(917) 686-9879
Price History
Date Event Price Source
2018-12-05 Status Change Off Market Listing Records
2018-08-22 Listed $3,990,000 Listing Records
Want to find out who owns 118-120 W 124th St? Get detailed property transactions, assessments, mortgage info.
On the Map
Nearby Public Transportation
2
3
0.08 mi at 125th St (125th St and Lenox Ave)
C
B
0.44 mi at 116th St (116th St and Frederick Douglass Blvd)
6
0.86 mi at 110th St (110th St and Lexington Ave)
1
0.90 mi at 116th St-Columbia University (116th St and Broadway)
4
5
0.98 mi at 138th St (East 138th Street and Grand Concourse)
Recent Transactions at 118-120 W 124th St
Unit Br Ba Sqft Time Listed Listing $ Listed By Closed Closing $ Diff Buyer(s)
Unit Stu 0 Bath - 336 Days 2018-08-22
$3,990,000
$3,990,000 Richard Gibbons 2019-07-24
$0
$0 -$3,990,000
-100.00%
Cheryl Staggers
Unit - - - - -
- - 1991-03-25
$0
$0 - Cheryl Staggers
Kenneth E Staggers
Unit - - - - -
- - 1976-06-11
$0
$0 - 118 W 124th St Realty
View All Transactions at 118-120 W 124th St

Nearby Schools

(within attendance boundary)
134 W 122nd St, New York, NY 10027
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 3
509 W 129th St, New York, NY 10027
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 5
FREDERICK DOUGLASS ACADEMY  •  1.25 mi
2581 7th Ave, New York, NY 10039
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 5
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Room By Room Floorplans and Photos
The apartment appears to have the following available photos. Note that all categories are based on data provided by the agent or firm advertising the sale, our internal listings quality team, and our HopScore machine vision algorithms. In total, the listing has 9 photos or floorplans, and we present a breakdown of each photo with the associated room or features.
Street
Misc
Outdoor
Floorplan
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