$2,550,000
Updated 8 years ago
Sold

160 West 130th Street

Harlem, Manhattan | Lenox Ave & Adam Clayton Powell Blvd

24 Rooms8 Beds8 Baths2,700 Square FeetMulti-Family

$2,550,000
floors / apts4 / 8
Lot Size18'x99'
ZoneR7-2
Building TypeTownhouse
RE Taxes$16,091
Price Per SF
$944

This property was sold for $1,575,000 on 09/15/16.

Building Amenities

  • Voice Intercom
  • Stoop Entry

Property Description for 160 West 130th Street

160 West 130th Street (between Lenox Ave & 7th Ave)
Beautiful 8 Unit Brownstone (5 vacant)

This beautiful brownstone is located right off Lenox Avenue on one of Harlem's distinctive tree lined streets and represents an excellent opportunity for investors looking to cash in the exploding rental market in Central Harlem.
The area is booming with new restaurants, coffee shops, bars as well as the upcoming Whole Foods Market at 125th street and Lenox Avenue.
This property is also centrally located for transportation, it is very close to the 2,3 trains and walking distance to the 4,5,6 as well as the A,B,C,D Trains.

This property also represents a tremendous opportunity for expansion as it has an additional 3,740 SF buildable square feet

Address: 160 West 130th Street
8 Units (Delivered with 5 vacancies)
Block: 1914
Lot: 56
Lot Size: 1,873 SF
Zoning: R7-2
FAR 3.44
As Built FAR 1.44
Building Dimensions: 18.75x48
Landmark: No

Listing History for 160 West 130th Street

Now
10/11/2016
$1,575,000
Sold and Closed by Berel Levy
Uptown Flats, LLC
01/29/2016
$2,400,000
Initial Price by Berel Levy
Uptown Flats, LLC

Building Details for 160 West 130th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.25 miles
135 St
0.28 miles
125 St
0.42 miles
135 St
0.49 miles

Railroad

Harlem-125 StMetro-North Railroad
0.5 miles

Citi Bike

Lenox Ave & W 130 St
0.07 miles
Adam Clayton Powell Blvd & W 130 St
0.13 miles

Contact Agents

Contact Agents

Berel Levy
Uptown Flats, LLC
Levi Tewel
Uptown Flats, LLC

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 62605TH