$2,595,000
Updated 2 months ago
Off Market

246 West 132nd Street

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

15 Rooms5 Beds4.5 Baths4,860 Square FeetMulti-Family

$2,595,000
floors / apts4 / 3
Lot Size17'x99'
Built Size18'x54'
ZoneR7-2
Building TypeTownhouse
RE Taxes$14,844
Price Per SF
$534

Outdoor space and views

  • Backyard
  • Deck
  • Patio
  • North Exposure
  • South Exposure

Building Amenities

  • Garden

Property Description for 246 West 132nd Street

Attractively located adjacent to the Central Harlem West Historic District, this elegant Neo-Grec legal Three-Family Brownstone townhouse with an additional Owner's basement apartment was built in 1910 and fully renovated in 2005. Rents are at full market value, with the rent roll currently at $135,500, and the property has potential for excellent cash on cash return for an investor.

The house is divided into a Two-Bedroom Garden Duplex with access to the planted Back Yard (with shed) from both levels, and two charming One-Bedroom floor-through rental apartments. There is also a basement Owner's apartment with Back Yard access, for a total of 4,860 square feet including the finished basement.

Features of the Property:

Owners Duplex
Spacious luxury 2-Bedroom Garden Duplex features exposed brick, hardwood floors, high ceilings and large windows for lots of natural light, extra storage and closets, and a large murphy bed for guests.
The Open Kitchen has a dishwasher and granite counters, and access to the private Deck with staircase to the sunny, peaceful Back Yard
the Bathrooms are fully tiled, with rain shower.
The Duplex also features its own washer and dryer, central HVAC, and recessed LED lighting

Two One-Bedroom Apartments
The two Loft-like One-Bedroom, One-Bathroom floor-through apartments on the upper two floors of the house also feature exposed brick, hardwood floors, central HVAC and lots of natural light.
Both have open Kitchens with dishwasher and granite counters, and the Bathrooms are fully tiled with bathtubs.
Both apartments also feature in-unit laundry and recessed LED lighting.

Owner's apartment
The property also has a charming Basement Owner's studio apartment, perfect for a pied-a-terre.
The Owner's apartment has a full Bathroom and Kitchenette, beautiful finishes, windows, and access to the Back Yard.

Neighborhood
This lovely townhouse property is just a few steps from Harlems Restaurant Row and shopping on 125th Street.
Conveniently close to transportation options including the 2/3 and B/C subway lines and the M2, M7 and M101 bus lines.
For recreation, the property is located between Mount Morris Park and Morningside Park.

This property will be delivered vacant with all paperwork provided. Please call today for more information and your private showing!

Building Details for 246 West 132nd Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

135 St
0.28 miles
135 St
0.31 miles
125 St
0.35 miles
125 St
0.43 miles

Citi Bike

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

Contact Agent

Contact Agent

Licensed As
Robert D. Pair
Broker
License#:
31PA1003506
Company:
Harlem Lofts Inc.
Robert Pair
Harlem Lofts Inc.

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: 100401TH