Building can be delivered fully vacant or with paying tenant in penthouse unit and owners garden unit vacant.
Better then a CONDO
Garden Triplex - Your Urban Sanctuary: Step into the expansive Garden Triplex that spans refined interiors and extends into a private garden. This serene retreat features a chef's kitchen that overlooks your lush outdoor space, perfect for al fresco dining and entertainment. The lower level boasts a flexible recreation room, tailored for everything from a home gym to a private studio, enhancing the living space with both luxury and practicality.
Penthouse Triplex - Sky-High Elegance: Ascend to the Penthouse Triplex, where luxury meets loftiness. Revel in the breathtaking city views from your exclusive rooftop terrace, equipped with modern amenities for the ultimate entertainment space. Inside, high ceilings and oversized windows illuminate a meticulously designed interior that includes a floating staircase and original stone fireplaces, blending historic charm with contemporary flair.
Vibrant Harlem Living : Nestled in a landmark district undergoing a dynamic development renaissance, this property places you in the heart of Harlem's cultural explosion. Surrounded by new upscale developments, historic jazz clubs, trendy eateries, and cultural institutions like the Apollo Theater and the Studio Museum, residents are immersed in a neighborhood that celebrates its rich heritage while embracing a future of limitless potential. The area's ongoing transformation makes it an ever more enticing option for cultural enthusiasts and savvy investors alike.
Conversion Potential for Added Value: With the legal ability to convert into two separate condominiums, savvy investors have the opportunity to further capitalize on their investment, enhancing flexibility and potential resale value.
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.