100 Avenue A - Retail
497 129th Street 100West Avenue A - Retail
(AKA 496 West 130th Street)
Harlem Block-Through Building For Sale Newly Developed EastWarehouse Village Long Term Leased Retail Interest FOR SALE
Asking Price: $2,950,000
A 58' wide single-story, block-through warehouse building extending from the north side of West 129th Street to the south side of West 130th Street between Amsterdam and Convent Avenues. The building features a curb cut with a vehicle entrance on West 129th Street, ceiling heights peaking at 30', and a sprinkler system. Located in an as-of-right residential zone, the air rights were sold in 2005 to the neighbor who is developing a 69-unit apartment building. The building is currently owner-occupied and has the ability to be delivered vacant offering a rare user opportunity or an excellent investment property to lease up in an area that would command in excess of $20/SF. The property is just east of the "Factory District" where a world-class 1 million SF, 24-hour mixed-use community is taking shape and the 125th Street retail corridor. It is also two blocks from the 1 train entrance at Broadway and West 125th Street and three blocks from the A, B, C, and D trains at St. Nicholas Avenue and 125th Street. It is located in the West Harlem area of Manhattan. PROPERTY INFORMATION BLOCK / LOT
1969 / 5
LOT DIMENSIONS
10,918
(APPROX.)
BUILDING DIMENSIONS
(APPROX.)
BUILDING SF (APPROX.)
10,900
STORIES
1
ZONING
R7A (C1-4 Overlay - 0.1%)
COMMERCIAL FAR RESIDENTIAL FAR / COMMUNITY FACILITY FAR AIR RIGHTS
(APPROX.)
RE TAX ASSESSMENT (16/17)
West 130th Street
58.48' x 199.1' Irr.
.002 4.0 None (Sold)
Amsterdam Avenue
LOT SF
58.48' x 199.1' Irr.
$564,300 (1)
RE TAXES (16/17) (1)
West 129th Street
$59,669
Current owner pays $0 because of "Opera House" exemption
FOR MORE INFORMATION, PLEASE CONTACT: James Nelson Robert M. Shapiro Caroline Hannigan Eric Roth James Nelson Michael DeCheser MatthewDirector Nickerson Darragh Clarke Associate Vice Chairman Executive Managing Director Vice 696 Chairman Executive Associate (212) Director Associate Director(212) 660 7757 (212) 2500 x7710 (212)Director 660 7717 660 7708 (212) 696 2500 x397710 (212)[email protected] 660 7772 (212) 660 [email protected] 7742 (212) 660 7737 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
Nathaniel Rahimzada CUSHMAN & WAKEFIELD Associate 275 Madison Avenue, 3rd Floor (212) 660 7732 New York, NY 10016 [email protected] www.nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo
Cushman & Wakefield 2017. Noclient warranty representation, express or implied, is made the accuracy orconnote completeness of connection, the information contained herein, and by same is submitted to errors, of or price, rental or other conditions, withdrawal without or property (other thanCopyright Cushman & Wakefield’s and the or Property offered by Cushman & Wakefield) is incidental only,to and is not intended to any affiliation, association, sponsorship or approval or between that whichsubject is incidentally depictedomissions, and Cushmanchange & Wakefield its client. notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
497 129th Street 100West Avenue A - Retail
(AKA 496 West 130th Street)
Harlem Block-Through Building For Sale Newly Developed EastWarehouse Village Long Term Leased Retail Interest FOR SALE
497 West 129th Street
(1)
FOR MORE INFORMATION, PLEASE CONTACT: James Nelson Robert M. Shapiro Caroline Hannigan Eric Roth James Nelson Michael DeCheser MatthewDirector Nickerson Darragh Clarke Associate Vice Chairman Executive Managing Director Vice 696 Chairman Executive Associate (212) Director Associate Director(212) 660 7757 (212) 2500 x7710 (212)Director 660 7717 660 7708 (212) 696 2500 x397710 (212)[email protected] 660 7772 (212) 660 [email protected] 7742 (212) 660 7737 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
Nathaniel Rahimzada CUSHMAN & WAKEFIELD Associate 275 Madison Avenue, 3rd Floor (212) 660 7732 New York, NY 10016 [email protected] www.nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo
Cushman & Wakefield 2017. Noclient warranty representation, express or implied, is made the accuracy orconnote completeness of connection, the information contained herein, and by same is submitted to errors, of or price, rental or other conditions, withdrawal without or property (other thanCopyright Cushman & Wakefield’s and the or Property offered by Cushman & Wakefield) is incidental only,to and is not intended to any affiliation, association, sponsorship or approval or between that whichsubject is incidentally depictedomissions, and Cushmanchange & Wakefield its client. notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
(AKA 496 West 130th Street)
Harlem Block-Through Building For Sale Newly Developed EastWarehouse Village Long Term Leased Retail Interest FOR SALE
Asking Price: $2,950,000
A 58' wide single-story, block-through warehouse building extending from the north side of West 129th Street to the south side of West 130th Street between Amsterdam and Convent Avenues. The building features a curb cut with a vehicle entrance on West 129th Street, ceiling heights peaking at 30', and a sprinkler system. Located in an as-of-right residential zone, the air rights were sold in 2005 to the neighbor who is developing a 69-unit apartment building. The building is currently owner-occupied and has the ability to be delivered vacant offering a rare user opportunity or an excellent investment property to lease up in an area that would command in excess of $20/SF. The property is just east of the "Factory District" where a world-class 1 million SF, 24-hour mixed-use community is taking shape and the 125th Street retail corridor. It is also two blocks from the 1 train entrance at Broadway and West 125th Street and three blocks from the A, B, C, and D trains at St. Nicholas Avenue and 125th Street. It is located in the West Harlem area of Manhattan. PROPERTY INFORMATION BLOCK / LOT
1969 / 5
LOT DIMENSIONS
10,918
(APPROX.)
BUILDING DIMENSIONS
(APPROX.)
BUILDING SF (APPROX.)
10,900
STORIES
1
ZONING
R7A (C1-4 Overlay - 0.1%)
COMMERCIAL FAR RESIDENTIAL FAR / COMMUNITY FACILITY FAR AIR RIGHTS
(APPROX.)
RE TAX ASSESSMENT (16/17)
West 130th Street
58.48' x 199.1' Irr.
.002 4.0 None (Sold)
Amsterdam Avenue
LOT SF
58.48' x 199.1' Irr.
$564,300 (1)
RE TAXES (16/17) (1)
West 129th Street
$59,669
Current owner pays $0 because of "Opera House" exemption
FOR MORE INFORMATION, PLEASE CONTACT: James Nelson Robert M. Shapiro Caroline Hannigan Eric Roth James Nelson Michael DeCheser MatthewDirector Nickerson Darragh Clarke Associate Vice Chairman Executive Managing Director Vice 696 Chairman Executive Associate (212) Director Associate Director(212) 660 7757 (212) 2500 x7710 (212)Director 660 7717 660 7708 (212) 696 2500 x397710 (212)[email protected] 660 7772 (212) 660 [email protected] 7742 (212) 660 7737 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
Nathaniel Rahimzada CUSHMAN & WAKEFIELD Associate 275 Madison Avenue, 3rd Floor (212) 660 7732 New York, NY 10016 [email protected] www.nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo
Cushman & Wakefield 2017. Noclient warranty representation, express or implied, is made the accuracy orconnote completeness of connection, the information contained herein, and by same is submitted to errors, of or price, rental or other conditions, withdrawal without or property (other thanCopyright Cushman & Wakefield’s and the or Property offered by Cushman & Wakefield) is incidental only,to and is not intended to any affiliation, association, sponsorship or approval or between that whichsubject is incidentally depictedomissions, and Cushmanchange & Wakefield its client. notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
497 129th Street 100West Avenue A - Retail
(AKA 496 West 130th Street)
Harlem Block-Through Building For Sale Newly Developed EastWarehouse Village Long Term Leased Retail Interest FOR SALE
497 West 129th Street
(1)
FOR MORE INFORMATION, PLEASE CONTACT: James Nelson Robert M. Shapiro Caroline Hannigan Eric Roth James Nelson Michael DeCheser MatthewDirector Nickerson Darragh Clarke Associate Vice Chairman Executive Managing Director Vice 696 Chairman Executive Associate (212) Director Associate Director(212) 660 7757 (212) 2500 x7710 (212)Director 660 7717 660 7708 (212) 696 2500 x397710 (212)[email protected] 660 7772 (212) 660 [email protected] 7742 (212) 660 7737 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected]
Nathaniel Rahimzada CUSHMAN & WAKEFIELD Associate 275 Madison Avenue, 3rd Floor (212) 660 7732 New York, NY 10016 [email protected] www.nyinvestmentsales.com
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our client. The depiction in the above photography of any person, entity, sign, logo
Cushman & Wakefield 2017. Noclient warranty representation, express or implied, is made the accuracy orconnote completeness of connection, the information contained herein, and by same is submitted to errors, of or price, rental or other conditions, withdrawal without or property (other thanCopyright Cushman & Wakefield’s and the or Property offered by Cushman & Wakefield) is incidental only,to and is not intended to any affiliation, association, sponsorship or approval or between that whichsubject is incidentally depictedomissions, and Cushmanchange & Wakefield its client. notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
