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308 West 133rd Street, HOUSE
New York, NY 10030
Central Harlem, Harlem

Off Market

Property Type
House
Estimated Size
11,982 ft²
Price per ft²
$417
Bedrooms
0 Bedrooms
Bathrooms
0 Bathrooms
Home Style
TH Single Family
Common Charges
N/A
Taxes
N/A
Tax Deduction
N/A
Financing Allowed
N/A
New Development
N/A
Building
308 West 133rd Street
Building Year
N/A
Building Floors
4 floors
Building Units
1 units
Elementary School
PS 92
Days on RealDirect
N/A

INCREDIBLE OPPORTUNITY!!

This prime property has the potential for significant expansion!

The site has a maximum usable floor area of 22,563 square feet, but only 11,994 square feet are being utilized but the current structure, a 4-story building built 25 feet wide by 150 feet deep. The property has a FAR allowed by zoning of 6.02, and as built the FAR is only 3.2. The zoning district code for the site is R8. Buildings in R8 districts can range from mid-rise, eight- to ten-story buildings to much taller buildings set back from the street on large zoning lots. This lot is 25 feet wide by 149.92 feet deep, making this property a truly exceptional development opportunity.

For the investor: This vacant building can easily be transformed into a luxury condominium, a luxury rental building, or rentals geared toward the academic community. Alternately, it could be converted to a single or multi-family home and resold to an end user.

For the homebuyer: Build a spacious duplex or triplex to live in with additional rental units to completely cover your living expenses and generate significant additional revenue, all while increasing the investment value of the property.

The buildings unbeatable central Harlem location places it inches from St. Nicholas Park; right across the park from City College; two blocks from the A, B, and C trains; four blocks from the 1 and 2 trains; just a few blocks north of Columbia University; and right in the heart of Harlems real estate renaissance. Central Harlem is experiencing a once-in-a-lifetime construction boom that includes projects such as Columbia's new Manhattanville campus; CREATE @ Harlem Green, a state-of-the-art building for commercial, manufacturing, retail, and community users; a 100,000 square foot retail project; a separate retail project anchored by the newest Whole Foods; and many others.

Features

  • Investor

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Mortgage Calculator

Mortgage Amount

$550,000

This property allows up to 0% financing. You may need to increase your down payment.

Mortgage Payment

$2,200

Total Monthly Payment

$2,900

Listing History

Jan. 7, 2016 Delisted $4,999,000
Jan. 7, 2016 Delisted $4,999,000
June 23, 2015 In Contract $4,999,000
Oct. 23, 2014 Available $4,999,000

RealDirect may or may not be the exclusive listing agent of the properties being displayed on RealDirect.com. All data displayed on RealDirect.com is presented for informational purposes only and should be independently confirmed. All Information is compiled from both public and private sources including, but not limited to REBNY, MLS and ACRIS data; each of which is presumed to be reliable. No representation is made as to the accuracy of any description (ie: listing data, close sale data, and/or building description) of any building or individual unit. All measurements and square footage are approximate and all information herein should be confirmed. RealDirect, its members, affiliates, and contributors adhere to all local and federal Fair Housing Laws.

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