Ariel Property Advisors List New Properties From West Harlem To Hamilton Height In The Millions

November 23, 2021

Ariel Property Advisors has exclusively listed properties at 369 West 126th Street, 532 West 152nd Street and 417 West 126th Street in West Harlem, NY.

These three properties are in the West HarlemHamilton Heights neighborhoods of Manhattan, an area currently seeing aggressive development.

Listed for $6.6 million, 369 West 126th Street is a six-story, 11-unit multifamily elevator building in turnkey condition and built-in 2007.

The property encompasses a total of 11,238 square feet and contains two duplexes, eight one-bedroom units, and one penthouse.

417 West 126th Street is a historic three-story commercial elevator building, listed for $6.75 million, with an owner-friendly setup containing two commercial units configured as office space, which could work ideally for owner-users.

It also offers indoor parking for up to 15 vehicles.

Situated in an Opportunity Zone and to be delivered vacant, the building possesses flexible zoning for the redevelopment of residential, commercial or community facilities, while owners can also benefit from low taxes sheltered by an ICIP tax abatement.

Listed for $5.8 million, 532 West 152nd Street is a five-story, 14,700-square foot, turnkey multifamily building set among brownstones in the heart of Hamilton Heights.

The 21-unit walk-up property comprises one-bedroom, eight two-bedroom, and 12 three-bedroom apartments.

The building offers high cash flow for investors and, with its R7-A zoning, provides the opportunity to capitalize on an additional 1,956 gross square feet of air rights for future development.

Photo credit: 1) 369 West 126th Street. 2) 417 West 126th street.

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