$5,836,193*
●
Multifamily -
Off Market
118-120 West 124th Street
New York, NY 10027
Studio
0 Bath
$3,591,000 - $4,389,000
Reference Base Price*
46.27%
Since Jan 1, 2019
NY-New York
Primary Model
About This Property
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.
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.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1899
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 5, 2018 | No longer available | - | |
No longer available | |||
Aug 22, 2018 | Listed | $3,990,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$4,275,000
Aug 28, 2020
$4,275,000
Jan 16, 2022
$2,009/mo
Townhouse
Stu
-
-
$4,275,000
Aug 28, 2020
$4,275,000
Jan 12, 2022
$2,009/mo
Sold
Townhouse
Stu
-
-
$3,650,000
Jul 21, 2020
$3,650,000
Jun 11, 2021
$1,142/mo
Townhouse
Stu
-
-
$3,450,000
Sep 10, 2021
$3,450,000
Dec 15, 2021
$2,241/mo
Active
Townhouse
5
Beds
4.5
Baths
3,807 ft²
$1,044/ft²
$3,975,000
Sep 14, 2022
-
-
Active
Condo
4
Beds
3
Baths
1,821 ft²
$2,197/ft²
$4,000,000
May 30, 2022
-
$4,781/mo
Active
Condo
3
Beds
3.5
Baths
2,001 ft²
$2,124/ft²
$4,250,000
Oct 12, 2022
-
$5,425/mo
Active
Townhouse
5
Beds
6
Baths
2,813 ft²
$1,511/ft²
$4,250,000
Oct 25, 2021
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
About Upper Manhattan
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