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    OFF-MARKET
    Auto shops

    62 132nd St, New York, NY 10037-3302

    1,873 SF 0.04 ac lot
    Entity Owned ~ Est. High Equity
    Property ID
    US63-3860197
    Property summary
    AI-generated overview

    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
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Total area 1,873 SF
    Lot 0.04 ac (1,873 SF)
    Zoning code R7-2
    APN 01729-0160
    UPID US63-3860197
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    62 W 132nd St Ny LLC
    62 W 132nd St Ny LLC
    since 2025
    2 recorded transactions
    2025
    $715,000
    2024
    $131,000
    Zoning & alternative use
    R7-2 · New York, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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