262 West 121st Street, Unit LAND
262 West 121st Street, Unit LAND
Permanently Off Market
Permanently Off Market
Description
New development condominium sales in this neighborhood exceed $1,300 / SF. Sell-out is approximately $7M - $8M or approximately a 1.6x net return.
The property also has a commercial...This vacant lot is located in the middle of south Harlem near the St. Nicholas Avenue corridor and Frederick Douglass Boulevard, with all of the best shopping, restaurants, and nightlife in Harlem. The lot falls into a special R8A zoning with a commercial overlay, and potential to build 7,344 SF total (not 10,900 gross).
New development condominium sales in this neighborhood exceed $1,300 / SF. Sell-out is approximately $7M - $8M or approximately a 1.6x net return.
The property also has a commercial overlay which allows the sponsor to retain a commercial unit on the ground floor for additional income.
Excellent transportation with easy access to the A/B/C/D express trains on St. Nicholas Avenue and 125th Street or the 2/ 3 Trains on Lenox Avenue and 125th Street. Neighbors include Whole Foods, Best Yet Market, Harlem Tavern, Lido, Chocolat, Levain Bakery, Hop House, and La Diagonal Taqueria and tequila bar.
Listing Agent
![John McGuinness]()
jm@compass.comP: 617.833.5668
Amenities
- Northern Exposure
- Southern Exposure
Location
Property Details for 262 West 121st Street, Unit LAND
| Status | Permanently Off Market |
|---|---|
| Days on Market | 53 |
| Taxes | $1,344 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 0.0 |
| Compass Type | - |
| MLS Type | - |
| Year Built | - |
| Lot Size | 1,816 SF / 18' x 101' |
| County | New York County |
Building
Location
Building Information for 262 West 121st Street, Unit LAND
Payment Calculator
$9,476 per month
30 year fixed, 7.25% Interest
$8,132
$1,344
$0
Property History for 262 West 121st Street, Unit LAND
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 262 West 121st Street, Unit LAND
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 12 | |||
| Public - | 6 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 76 A Phillip Randolph PublicPK to 8 | ||
Frederick Douglas Academy II Secondary School Public6 to 12 | ||
Jhs 54 Booker T Washington Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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