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498 W 130th St
New York, NY 10027
Land For Sale
·
0.03 AC
INVESTMENT HIGHLIGHTS
- Vacant located in the Harlem.
- Ideal for luxury 4-story two-family development.
- The lot is within walking distance from 125th Street [1] Train Station.
- The property consists of 1,245 lot square footage & has 4,980 buildable square feet.
- Resale value $3,200,000-$3,600,000.
- Property is also in proximity of 135th Street [A], [B], [C], [D] Train Station.
EXECUTIVE SUMMARY
Asset CRG Advisors, LLC has been exclusively retained to market 498 W 130th Street, a vacant lot for sale in the Harlem neighborhood of Manhattan.
The property is a 1,245 square foot lot. The lot will be delivered vacant. The property consists of 4,980 buildable square feet. The property is located between Amsterdam Avenue & Convent Avenue.
The property is well positioned with great access to public transportation, located near 125th Street [1] train station & 135th Street [A], [B], [C], [D] train station. The property is also located near multiple [M11], [M101] bus stations. Ownership has set the asking price at $599,000.
The property is a 1,245 square foot lot. The lot will be delivered vacant. The property consists of 4,980 buildable square feet. The property is located between Amsterdam Avenue & Convent Avenue.
The property is well positioned with great access to public transportation, located near 125th Street [1] train station & 135th Street [A], [B], [C], [D] train station. The property is also located near multiple [M11], [M101] bus stations. Ownership has set the asking price at $599,000.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.03 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R7A, C1-4 - The property is zoned R7A with a C1-4 overlay. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.03 AC |
| Opportunity Zone |
Yes |
| Zoning | R7A, C1-4 - The property is zoned R7A with a C1-4 overlay. |
1 LOT AVAILABLE
Lot
| Price | $599,000 | Lot Size | 0.03 AC |
| Price Per AC | $20,957,979.08 |
| Price | $599,000 |
| Price Per AC | $20,957,979.08 |
| Lot Size | 0.03 AC |
The property consists of a 1,245 SF lot and has 4,980 buildable square feet. Ideal for luxury 4-story two-family development. The standard Floor Area Ratio (FAR) is 4.0 in R7A.
DESCRIPTION
Vacant lot in the Harlem neighborhood of Manhattan. Ideally suited for luxury 4-story two-family development. The property consists of 1,245 lot square footage. Total of 4,980 square feet of buildable space. The property has a resale value of $3,200,000-$3,600,000. The lot is within walking distance from 125th Street [1] Train Station. Property is also in proximity of 135th Street [A], [B], [C], [D] Train Station.
PROPERTY TAXES
| Parcel Number | 1969-0078 | Improvements Assessment | $0 |
| Land Assessment | $138,600 | Total Assessment | $138,600 |
PROPERTY TAXES
Parcel Number
1969-0078
Land Assessment
$138,600
Improvements Assessment
$0
Total Assessment
$138,600
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