$1,700,000
Updated 11 years ago
Off Market

148 West 127th Street

Harlem, Manhattan | Adam Clayton Powell Blvd & Lenox Ave

3,596 Square FeetRental Property

$1,700,000
floors / apts3 / 4
Lot Size15'5"x99'11"
Built Size15'6"x58'
ZoneR7-2
Building TypeTownhouse
RE Taxes$9,171
Price Per SF
$473

Outdoor space and views

  • Backyard
  • Deck

Building Amenities

  • Voice Intercom
  • Gated Entry
  • Laundry Room
  • Stoop Entry

Property Description for 148 West 127th Street

Massey Knakal Realty Services is pleased to present 148 West 127th Street for sale. This 3,596 square foot brownstone measures 15.5 feet by 58 feet and is located on the south side of West 127th Street between Adam C. Powell, Jr. Boulevard and Lenox Avenue. The building contains four renovated free-market, one-bedroom units. Each unit is individually metered and has a separate heating system as well as a washer/dryer. Currently, the building is rented at an average of $34 per square foot, well below market in the area, providing the opportunity to release units at market rates. New ownership will also eventually have the opportunity to convert the building into condominiums or a magnificent single family residence in one of Manhattan’s most in-demand neighborhoods. 148 West 127th Street is located in the heart of Central Harlem, steps from Northern Manhattan’s most popular restaurants including the Red Rooster, Corner Social and Lenox Coffee as well the famous Apollo Theater and the future site of Whole Foods. Public transportation is easily accessible by the 2/3 subway line stop at West 125th Street and Lenox Avenue. Additionally, the A/C and B/D subway line stop at West 125th Street and St. Nicholas Avenue is only a short walk away.

Listing History for 148 West 127th Street

Now
02/19/2015
POM by Lev Kimyagarov
Cushman & Wakefield
2015

Building Details for 148 West 127th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.13 miles
125 St
0.35 miles
135 St
0.42 miles

Railroad

Harlem-125 StMetro-North Railroad
0.47 miles

Citi Bike

Lenox Ave & W 126 St
0.09 miles
Adam Clayton Powell Blvd & W 126 St
0.09 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: 56128TH