$3,500,000
Updated 7 years ago
Off Market

3 West 128th Street

Harlem, Manhattan | Fifth Ave & Lenox Ave

Rental Property

$3,500,000
floors / apts6 / 20
Lot Size35'x99'
ZoneR7-2
Building TypeLow-Rise
RE Taxes$14,277

Building Amenities

  • Virtual Doorman

Property Description for 3 West 128th Street

This 35 Foot wide empty lot sits on a gorgeous, brownstone-lined street in Prime Harlem. Condominiums are selling in the neighborhood for between $1150-$1250/ft! With prices soaring south of 125th street, home buyers are circling the area north of 125th street in record numbers. The property is surrounded by Harlem's most exciting restaurants, cafes and is only steps from 2,3,4,5,6 trains and Metro North. Whole Foods on 125th street is opening early next year and Lenox Ave continues to attract some of the hottest bars and restaurants in the city! Krantz+Krantz is currently selling a 115 unit-condo building around the corner on ACP, where 30% of the units are in contract within 5 weeks! Build per plan as a 20 unit rental building or take advantage of the ideal dimensions and build a Stunning Condominium building. Call today to discuss this incredible opportunity.

Building Details for 3 West 128th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessWalk-up
Floors/Apts6/20
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.24 miles
125 St
0.37 miles
135 St
0.38 miles

Railroad

Harlem-125 StMetro-North Railroad
0.27 miles

Citi Bike

5 Ave & W 126 St
0.11 miles
5 Ave & W 131 St
0.12 miles

Contact Agent

Contact Agent

Jeff Krantz
Brown Harris Stevens

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: 65338TH