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    132 130Th St New York, NY 10027

    For Sale
    $899,000

    1,749 SF Residential Lot, R7-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,749 square foot residential land parcel presents a compelling development opportunity in the vibrant Harlem neighborhood of Manhattan. Zoned R7-2, it offers 6,017 buildable square feet, promising significant potential. The property enjoys an enviable location, a short seven-minute walk from the 135th Street (2,3) subway station on Malcolm X Boulevard, ensuring excellent public transportation access. Its proximity to cultural landmarks like the Apollo Theater and the Studio Museum in Harlem, along with nearby parks such as Marcus Garvey Park and St. Nicholas Park, adds to its appeal. The area boasts a strong educational presence, with Columbia University and several charter schools within easy reach. Convenient access to healthcare is provided by NYC Health + Hospitals/Harlem. Daily necessities are readily available, with nearby Whole Foods Market, Marshalls, Trader Joe's, and a diverse range of dining and banking options. Fitness enthusiasts will appreciate the proximity to Planet Fitness and Blink Fitness. This prime location offers unparalleled convenience and strong appreciation potential, making it an ideal investment for discerning developers. The property is located at 132 W 130th St, New York, NY 10027 and is offered at $899,000.

    Property Features for 132 130Th St

    General Information

    Property type
    Land

    HighLights

    • 6,017 buildable square feet development opportunity in Harlem, Manhattan.
    • Excellent Harlem location, near the Apollo Theater, Studio Museum in Harlem, Marcus Garvey Park, and St. Nicholas Park.
    • Strong appreciation potential due to proximity to Columbia University, Promise Academy 1 Charter School, Success Academy Harlem North West, and NYC Health + Hospitals/Harlem.
    • Convenient access to the 135th St (2,3) subway station.
    • Close proximity to numerous amenities including Whole Foods Market, Marshalls, Trader Joe’s, various restaurants, banks (Capital One, TD Bank, Chase), and fitness centers (Planet Fitness, Blink Fitness).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.944416001562
    Latitude
    40.811470905979

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    FAQs

    What type of property is this?
    Land - 1,749 SF Residential Lot, R7-2 Zoning
    Where is this land located?
    The property is located at 132 130Th St New York, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 6,017 buildable square feet development opportunity in Harlem, Manhattan.; Excellent Harlem location, near the Apollo Theater, Studio Museum in Harlem, Marcus Garvey Park, and St. Nicholas Park.; Strong appreciation potential due to proximity to Columbia University, Promise Academy 1 Charter School, Success Academy Harlem North West, and NYC Health + Hospitals/Harlem.
    (646) 363-6175
    Request Owner's contact information
    132 130Th St New York, NY 10027
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    New York, NY 10027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132 130Th St New York, NY 10027
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