Massey Knakal Realty Services has been retained on an exclusive basis to sell a residential condominium development project at 369 West 126th Street. The property is located between Morningside and St. Nicholas Avenues in Manhattan’s West Harlem neighborhood. The asking price is $4,400,000.
This 5-story, 11-unit elevator boutique residential development project contains approximately 8,593 square feet and sits on a 25’ x 99.92’ lot. The property is approximately 80% complete and can serve as either a condo building or multifamily rental asset. It will boast five studios, two one-bedroom, and four two-bedroom apartments, including a penthouse unit with two balconies and exclusive access to the rooftop. The property also benefits from a 15 year 421a tax exemption.
This property 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. Its location only 15 minutes from midtown and within walking distance to the Columbia University expansion project makes this a favorable acquisition.
For more information on this listing, contact Lev Kimyagarov or Josh Lipton at 212.696.2500.
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Neighborhoods: Harlem