$3,950,000
Updated 9 years ago
Off Market

The Postmark

369 West 126th Street

Harlem, Manhattan | Saint Nicholas Ave & Morningside Ave

8,593 Square FeetRental Property

$3,950,000
floors5
Lot Size25'x99'
ZoneR7-2
Building TypeLow-Rise
Price Per SF
$460

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Roof Deck

Property Description for 369 West 126th Street

369 West 126th Street is a newly developed 11 unit elevator boutique condominium project comprising approximately 8,593 square feet. The property is located on the north side of West 126th Street between Morningside and St. Nicholas Avenue. The building is ideally situated on a cozy residential street one block north of the 125th Street commercial corridor and around the corner from the A, B, C and D subway lines on 125th Street and St. Nicholas Avenue. Fifteen minutes from midtown and within walking distance to the Columbia University expansion project also makes this a favorable acquisition. The property, which can serve either as a condo building or a multi-family rental asset, will boast 5 studios, 2 one bedroom and 4 two bedroom apartments, including a penthouse unit with two balconies and exclusive access to the rooftop. The project is approximately 80% complete and requires an estimated $250,000 to finalize. The property also benefits from a 15 year 421A tax exemption. The floor plans and marketing brochure are available upon request.

Listing History for 369 West 126th Street

Now
12/21/2013
POM by Lev Kimyagarov
Cushman & Wakefield
10/29/2013
Contract Signed by Lev Kimyagarov
Cushman & Wakefield

Building Details for 369 West 126th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2016
Floors5
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.07 miles
125 St
0.38 miles
125 St
0.49 miles
135 St
0.49 miles
116 St
0.49 miles

Citi Bike

St Nicholas Ave & W 126 St
0.07 miles
St Nicholas Ave & Manhattan Ave
0.16 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: 45276TH