$4,249,000
Updated 9 years ago
Off Market

219-221 West 131st Street

Harlem, Manhattan | Adam Clayton Powell Blvd & Frederick Douglass Blvd

22 Rooms8 Beds7 Baths5,121 Square FeetDevelopment Site

$4,249,000
floors4
Building TypeTownhouse
RE Taxes$23,636
Price Per SF
$830

Building Amenities

  • Garden

Property Description for 219-221 West 131st Street

Development Opportunity! Combine these two townhouses located mid-block for a building more than 34ft wide with 11,800 of buildable square feet. The townhouses are built below the 3.44 FAR max and can be delivered vacant. Zoning is R7-2. Ideally situated one block from the bustling restaurant scene on Lenox Avenue (Red Rooster and Corner Social) and just a few blocks from the new Whole Foods. Take advantage of this fantastic opportunity as this area of Adam Clayton Powell is developing quickly. A brand new 115-unit condominium at the corner of 131st Street and Adam Clayton Powell is adding buzz to the neighborhood. Take advantage now of a neighborhood on the upswing.

Listing History for 219-221 West 131st Street

Now
10/19/2017
POM by Julia Boland
Corcoran
05/02/2017
$4,249,000
Initial Price by Julia Boland
Corcoran

Building Details for 219-221 West 131st Street

OwnershipDevelopment Site
Building TypeTownhouse
AgePre-War
AccessWalk-up
Floors4
Learn More About the Building

Transit and Citi Bike

Subway

135 St
0.3 miles
135 St
0.32 miles
125 St
0.35 miles
125 St
0.39 miles

Citi Bike

Adam Clayton Powell Blvd & W 132 St
0.07 miles
Adam Clayton Powell Blvd & W 130 St
0.08 miles

Contact Agent

Contact Agent

Julia Boland
Corcoran

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: 69165TH