Property summary
This exceptional 1,873 square foot commercial land parcel presents a unique development opportunity in the heart of Central Harlem, Manhattan. Located at 62 West 132nd Street, this property benefits from its proximity to the bustling 125th Street corridor, offering easy access to Harlem's vibrant cultural scene, diverse dining options, and thriving retail landscape. The site's convenient location provides future residents or tenants with seamless connectivity to Manhattan via the 2, 3, A, C, B, and D subway lines. Adding to its appeal, the property is situated steps away from iconic landmarks such as Marcus Garvey Park and the Apollo Theater, enhancing its desirability and potential for significant return on investment. This is an exceptional chance to build in a neighborhood renowned for its rich history and experiencing a surge in demand for high-quality housing. The asking price for this remarkable development site is $849,000. The lot size is 1,873 square feet, offering ample space for a variety of development projects. This property is zoned for commercial use in New York County, New York, zip code 10027.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R7-2 · New York, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.