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Residential Income Property with High Ceilings
For Sale
$200,000

16 E 132nd Street #1B, New York City, NY 10037

Windowed kitchen and bathroom complement a spacious layout with separate dining and permitted washer-dryer installation.

Property SizeContact for details
Days on Market25

Property Features for 16 E 132nd Street #1B

General Information

Standard status Active
Property subtype Apartment

Property Condition

Severity Major Repairs Needed
Evidence Needs GUT Renovation

Additional Details

Public Transit Yes

Building Details

Year Built 1900
Stories 5
Listing Agency: Compass
Listed By: Jhonatan Ocampo
Source: Moravilla.kw
Added: Sep 15 Changed: Oct 4 Last Checked: Oct 7 at 8:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Located at 16 E 132nd Street #1B, this residential income property dates to 1900 and requires gut renovation. The interior includes a windowed kitchen and bathroom, spacious living and separate dining areas, high ceilings, dual exposure, and a layout with bedrooms sized for king- or queen-size beds plus additional furnishings. Washer and dryer installation is permitted.

The property is near Harlem’s 125th Street shopping area, restaurants along Lenox and Frederick Douglass, and cultural institutions including the Studio Museum and National Black Theatre. Nearby transportation includes the 2/3 and B/C subway lines, M7 and M102 buses, and Metro-North Railroad at 125th Street and Park Avenue. Purchase requirements include primary-residence occupancy, an all-cash transaction, and household income at 165% AMI; gifting and co-purchasing are allowed, with no assessments or flip tax.

Key Highlights

  • High ceilings, dual exposure, and separate dining area
  • Windowed kitchen and bathroom; washer‑dryer installation permitted
  • Requires gut renovation

Property Analytics

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Current Use

The Relief House Corp Community Center

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Carpet & Flooring Store Accounting Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,017
Businesses Nearby

Demographics for 10037, NY

19,670
Population
11,218
Households
1.8
Avg Household Size
39
Median Age
43%
College-Educated
86%
High-School Grad
0.2 sq mi
ZIP Area
98,350
Density / Sq Mi
$51,250
Median Household Income
$54,349
Median Earnings
$1,406
Median Rent
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Frequently Asked Questions

What type of property is this?
Residential income property - Windowed kitchen and bathroom complement a spacious layout with separate dining and permitted washer-dryer installation.
Where is this residential income property located?
The property is located at 16 E 132nd Street #1B New York City, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: High ceilings, dual exposure, and separate dining area; Windowed kitchen and bathroom; washer‑dryer installation permitted; Requires gut renovation
More about this property
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