264 West 135th Street

Central Harlem

$1,975,000
Price
Beds
1
1/2 Bath
1,595 Sq. Ft.
/ Sq. Ft.
1,595
Sq. Ft.
per Sq. Ft.

Description

Discover a rare and exceptional development opportunity in the heart of Harlem at 262-264 West 135th Street. This unique property, currently a vacant building, is situated on a substantial lot of 2,898 square feet with dimensions of 29 by 99.92 feet, presenting an unparalleled canvas for visionary developers.
The property boasts mixed-use zoning (R7-2, C1-4), offering a diverse range of development possibilities. The flexible zoning accommodates both residential and commercial uses, allowing for the
...Discover a rare and exceptional development opportunity in the heart of Harlem at 262-264 West 135th Street. This unique property, currently a vacant building, is situated on a substantial lot of 2,898 square feet with dimensions of 29 by 99.92 feet, presenting an unparalleled canvas for visionary developers.

The property boasts mixed-use zoning (R7-2, C1-4), offering a diverse range of development possibilities. The flexible zoning accommodates both residential and commercial uses, allowing for the creation of a dynamic and multifaceted development. With a residential Floor Area Ratio (FAR) of 3.44, there is potential to construct up to 9,900 square feet of residential space. Additionally, the facility FAR of 6.5 further enhances the opportunity, permitting an expansive development of up to 18,837 square feet, ideal for a combination of residential, commercial, and community spaces.

Located in a prime area of New York City, the property ensures excellent connectivity with easy access to cross-town buses and the 2/3 and B/C subway lines. Its proximity to St. Nicholas Park, various successful condominium developments, and convenient public parking options add to its appeal, making it an attractive location for both residents and businesses.

This property is not merely a building; it is an opportunity to create a mixed-use masterpiece in a neighborhood brimming with life and potential. Whether envisioning upscale apartments, bustling retail spaces, or essential community facilities, this property offers the flexibility and scope to bring ambitious projects to fruition. This is a chance to invest in and shape the future of West 135th Street, a vibrant area synonymous with growth and opportunity. Seize this moment to make a lasting impact on one of New York City's most dynamic neighborhoods.

Listing Agents

  1. Nigel Pearce

    Nigel Pearce

    Listing Agent

    Compass

  2. John McGuinness

    John McGuinness

    Alternative Listing Agent

    Compass

    jm@compass.com

    P: 617.833.5668

Amenities

  • Walk Up
  • Pet Friendly
  • Attach / Row Hse

Location

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LISTING UPDATED: 03/12/2024 04:33 PM

Property Details for 264 West 135th Street

StatusActive
Days on Market95
Taxes$615 / month
Common Charges-
Min. Down Pymt-
Total Rooms1.0
Compass TypeMixed Use
MLS TypeCondominium
Year Built1910
CountyNew York County

Location

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Building Information for 264 West 135th Street

Building/Complex264 W 135th StFloor-Pet Policy-Building Age-Building Type-Senior CommunityNoLevels / Stories-WaterfrontNo

Payment Calculator

$11,393 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,778

Property Taxes

$615

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 264 West 135th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 264 West 135th Street

This home is within New York City Geographic District # 5.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 175 Henry H Garnet
PublicPK to 5

Urban Assembly Academy for Future Leaders
Public6 to 8

Knowledge And Power Prep Academy Iv
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.

Similar Homes

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264 West 135th Street is a mixed use property for sale in Central Harlem. This property was listed for sale on January 22, 2024 by Compass, it's currently listed at $1,975,000. This listing's school district is New York City Geographic District # 5. Nearby schools include P.S. 175 Henry H Garnet, Urban Assembly Academy for Future Leaders and Thurgood Marshall Academy For Learning And Social. 264 West 135th Street is a 0-bed, 0.5-bath, 1,595 sqft mixed use property built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.