111 W 132nd Street, New York City, NY 10027

Description

OWNER SAYS SELL! MAJOR PRICE REDUCTION NOW $1,545,000 DELIVERED VACANT

$655,000 BELOW THE ORIGINAL ASKING PRICE!

An exceptional opportunity to own a piece of Harlem history with significant residential and investment potential. Delivered vacant, this remarkable Queen Anne townhouse offers a unique opportunity for an investor or owner-user to create a customized residential or income-producing property.

HISTORIC HARLEM TOWNHOUSE

Built in 1886 by renowned architects Cleverdon & Putzel
Beautiful limestone and slate Queen Anne faade
Located within one of Central Harlems most sought-after Historic Districts
Former clubhouse of The Frogs, one of the earliest professional organizations for Black theater professionals
Currently configured as a Church + Two Class A Apartments per the existing Certificate of Occupancy

FLEXIBLE CONVERSION POTENTIAL

Delivered vacant, providing maximum flexibility for the next owner
Straightforward roadmap for conversion to a Residential 1- or 2-Family Certificate of Occupancy
Potential for a 3+ Family Rental Investment configuration
Excellent opportunity to create a high-end single-family residence, multi-family home, or income-producing property

PROPERTY HIGHLIGHTS

Brand-new boiler
Brand-new hot water heater
Community garden directly across the street
Church located behind the property
Wide open spaces on both sides provide excellent natural light throughout the day
Prime Upper Manhattan location

IDEAL CENTRAL HARLEM LOCATION

Steps from Harlems Restaurant Row
Minutes from shopping, dining, and entertainment along 125th Street
Convenient access to the 2/3 and B/C subway lines
Close to the M2, M7, and M102 buses
Short walk to St. Nicholas Park and Mount Morris Park

A RARE VALUE-ADD OPPORTUNITY

With a $655,000 reduction from the original asking price, vacant delivery, brand-new mechanical systems, historic character, and multiple potential uses, this property offers an exceptional opportunity for an investor or owner-user seeking significant upside in Central Harlem.