Four Story, 18’ Wide Central Harlem Townhouse-Conversion Opportunity w/Backyard

Description:

Ariel Property Advisors is pleased to present 124 West 131st Street, a vacant brownstone/conversion opportunity located on the south side of 131st Street between Malcolm X and Adam Clayton Powell Jr. Boulevards within an architecturally historic district of Central Harlem.

124 West 131st Street is an 18’ wide, four-story walk-up building spanning approximately 3,456 square feet. The property’s R7-2 zoning (3.44 FAR asof-right) provides approximately 2,987 square feet of additional air rights for development. Built in the neo-Grec style with Queen Anne elements, this charming townhouse has tall ceilings, original intricate moldings, and an abundance of natural light from tall windows and a skylight. It will be delivered vacant, which provides for a variety of conversion options for both investors and owner-users.

The property is centrally located near lively retail corridors along Malcolm X Boulevard and 125th Street. Major institutions, such as Columbia University, City College of New York, and NYC Health + Hospitals/Harlem are in close proximity and St. Nicholas Park and various playgrounds provide greenspace for outdoor recreation. Access to the 125th Street subway station at 125th Street and Malcolm X Boulevard is a 7-minute walk, providing easy access to downtown and the outer boroughs via the 2 and 3 trains. Lastly, the bus lines 2, 7, 102, and Bx33 all stop within a few blocks of the property.

124 West 131st Street’s excellent location and vacant delivery make this an attractive investment and owner-user opportunity.

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