$600,000
Updated 11 years ago
Sold

75 West 124th Street

Harlem, Manhattan | Mount Morris Park West & Lenox Ave

Development Site

$600,000
Lot Size20'x100'
ZoneC4-4A
Building TypeVacant Lot

Building Amenities

  • Voice Intercom
  • Elevator

Property Description for 75 West 124th Street

75 West 124th Street is a 20’ wide mixed use development site located on the North side of West 124th Street between Lenox and 5th Avenues in the Central Harlem section of Manhattan. The 2008 125th Street District Rezoning makes the property ideal for a commercial or mixed-use redevelopment. The site is located one block from the historic 125th Street Corridor, the heart of sole of culture and retail in Harlem, and half a block from the expansive Marcus Garvey Park, which features a recreation center, amphitheater, swimming pool, baseball field, and two playgrounds. The neighborhood includes top rated restaurants such as Michelin Star chef Marcus Samuelsson’s Red Rooster, The Lenox Lounge, and the renowned Sylvia’s. The area’s history, culture, and attitude make the redevelopment of 75 West 124th Street an exciting opportunity to be part of the long awaited and now heavily anticipated resurgence of Central Harlem. The location provides fantastic accessibility to all corners of Manhattan as well as the outer-boroughs via the 125th Street 4, 5 and 6 trains, the 125th Street 2 and 3 trains, and the 125th Street Metro North stations.

Listing History for 75 West 124th Street

Now
04/30/2012
$600,000
Sold and Closed by Lev Kimyagarov
Cushman & Wakefield
03/28/2012
$600,000
Initial Price by Lev Kimyagarov
Cushman & Wakefield

Building Details for 75 West 124th Street

OwnershipDevelopment Site
Building TypeVacant Lot
Service LevelVoice Intercom
AgePost-War
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.06 miles
116 St
0.41 miles
125 St
0.44 miles
125 St
0.48 miles

Railroad

Harlem-125 StMetro-North Railroad
0.34 miles

Citi Bike

Lenox Ave & W 126 St
0.11 miles
5 Ave & W 126 St
0.18 miles

Contact Agent

Contact Agent

Lev Kimyagarov
Cushman & Wakefield

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: 20613TH