140 W 132nd Street

Positioned in the Historic District of Central Harlem 140 W 132nd is a well-maintained, 18-foot-wide, 3,708 multi-family, consisting of three large free-market residential units: two (1) bedroom units and a three-bedroom duplex, offering great flexibility for investors or end-users. Unit #1 (Duplex): This renovated unit occupies the property's garden and parlor levels. The spacious, bright apartment features 3 large bedrooms that can comfortably fit king and queen-sized beds, two full bathrooms, in-unit laundry, and well-crafted hardwood floors. There's also access to the rear yard and the basement. The open kitchen includes stainless steel appliances with an open archway to the living room. Unit #2 features a large one-bedroom with a ton of closet space, large windows that let in abundant natural light, and a spacious bedroom. Unit #3 is the top-floor apartment with the same layout as Unit #2. This apartment has been meticulously renovated, featuring stainless-steel packaged appliances, white cabinetry, a tiled bathroom, and refinished hardwood. This property is an excellent opportunity for an investor to take over a building with minimal hassle and recent upgrades, including a water tank and sump pump, a serviced roof, new Andersoenn windows, new appliances installed within the last 3 years, and a repaired staircase. There's a wide range of investment upside: the potential to increase rents, convert the property into a large single-family residence, occupy it as an end user(owner's duplex), or convert it into luxury condominiums, given the footprint and potential FAR. The location of this property is prime Harlem, with immediate access to culture, community, and the neighborhood's history. In the area, you'll have access to tons of cafes, restaurants, and transportation, including the 2/3 subway lines, as well as Harlem's vibrant culinary scene. Enjoy destinations like Red Rooster, Renaissance Harlem, Ponty Bistro, Maison Harlem, and Lido, each reflecting the spirit of Harlem's creative renaissance. Property Highlights: - New Andersen Windows throughout, double-pane windows with argon gas, and dramatically lower outside noise. - Unit #1 and #3 renovated within the last 3yrs. and appliances updated in apt #2 - Brand new Sump Pump and 100-gallon Water tank, and annual service boiler Maintenance. - Video intercom in the units and security cameras throughout. - The roof has been well-maintained, which includes regular Maintenance every 7 years, re-tarred in 2010, and repainted in recent months. Tenant occupied. * Note: Square footage is based upon third-party measurements. We make no guarantees on sqft.