4 Story, SRO Building | Delivered Vacant | C.O.N.H. In Place

Highlights:

• Free Market
• Delivered Vacant
• In place Certificate of Non-Harassment
• 1,685 Square Feet in Additional Air Rights
• Close Proximity to Columbia University, The City College of New York and Harlem Hospital
• Less than a 5 minute walk to the A, B, & C subway stations

Description:

Ariel Property Advisors presents 304 West 137th Street, a 15’ wide, walk-up building located on the north side of West 137th Street between Edgecombe Avenue and Frederick Douglass Boulevard in Central Harlem.

Spanning 3,300 gross square feet, this vacant four-story building is comprised of 15 Class B units and has an in place Certificate of Non-Harassment, presenting a value-add opportunity to investors by converting the asset to either rentals or condominiums. The property also has 1,685 square feet of air rights for additional development.

304 West 137th Street is located along a tree-lined, residential block with excellent proximity to Strivers Row and several other neighborhood attractions and institutions. St. Nicholas Park, City College of New York, Harlem Hospital and Columbia University Manhattanville expansion are all within walking distance of the subject property. Additionally, transportation is easily accessible from the property with the A/C/B subway trains located just two blocks away at 135th Street and St. Nicholas Avenue, and the 2/3 subway trains located four blocks away at 135th Street and Lenox Avenue.

With its convenient location and immediate value-add/conversion potential, 304 West 137th Street presents a prime acquisition opportunity for investors and owner-users in a growing area of Central Harlem.

Documents: