Six Story, 25’ Wide Elevator Building located in a Prime West Harlem Neighborhood

Highlights:

• Condo Quality Finishes Throughout
• Washer/Dryer in Unit
• Furnished Roofdeck
• Free Market Upside
• Close Proximity to Columbia University

Description:

Ariel Property Advisors is pleased to present 369 West 126th Street, a 25’ wide, 6-story elevator building located on the north side of West 126th Street between Morningside Avenue and Saint Nicholas Avenue in West Harlem.

The property encompasses a total of 11,238 gross residential square feet and contains eleven (11) units comprising of two (2) duplexes, eight (8) one-bedroom units and one (1) penthouse unit. The duplexes are approximately 950 square feet each and enjoy an additional 450 square feet each of private duplex outdoor space. The penthouse is comprised of approximately 1,600 square feet and enjoys roughly 1,200 square feet of additional outdoor space, which includes exclusive access to the 6th floor common terrace off of the living room and rooftop terrace. All units are constructed featuring modern kitchen and bathroom appliances and hardwood/ slate flooring throughout. Each unit is equipped with their own washer/dryer, garbage disposal, microwave, stove, dishwasher, refrigerator and radiant heating in the bathrooms. The tenants on each floor will also have access to separate trash rooms. The units are individually metered for utilities and contain separate forced air heating/cooling HVAC systems and water heaters. Residents can also utilize a bike/storage room in the lower level and a lobby/waiting area with a virtual doorman/intercom system.

369 West 126th Street is in close proximity to the bustling 125th Street corridor and nearby retail developments including the recently redeveloped Corn Exchange, The Taystee Building, The Victoria Theater, and the high traffic shopping center at the corner of 125th Street and Lenox Avenue, which is anchored by Whole Foods. Other tenants include well known retail brands like American Eagle Outfitters, Banana Republic, Bed Bath and Beyond and Burlington Coat Factory. Local institutions include Columbia University, which has bolstered the neighborhood with it’s Manhattanville campus expansion, City College of New York, and Harlem Hospital. The property is also transit friendly, conveniently located just steps away from the A, B, C and D trains at 125th Street and Saint Nicholas, allowing residents to enjoy easy access to both downtown and outer borough locations.

369 West 126th Street’s turnkey condition and immediate proximity to institutions, retail and new developments, provides a unique opportunity to acquire an asset with considerable upside in an evergrowing neighborhood.

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