132 W 130th Street

132 W 130th St New York , NY 10027

New York
FOR SALE
Property Type:
Residential Land Development
Amount:
$899,000
Last Verified:
Sep 24, 2024

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Highlights

  • Prime development opportunity in the vibrant Harlem neighborhood.
  • Just a 7-minute walk to the 135 St [2,3] Subway station.
  • Close proximity to local shops, restaurants, and cultural landmarks.
  • Easy access to major highways for convenient commuting.
  • Potential for high rental demand in a rapidly growing area.

Description

Discover a prime development opportunity at 132 W 130th St in the heart of Harlem, just a short 7-minute walk from the 135 St [2,3] Subway station. This property is situated in a vibrant neighborhood known for its rich cultural heritage, diverse shops, and thriving restaurants. With easy access to major highways and the ongoing revitalization of the area, this location offers strong potential for residential or mixed-use development, making it an ideal investment in a rapidly growing community. Don’t miss out on this exceptional chance to be part of Harlem’s exciting transformation!

This property is located in the vibrant neighborhood of Harlem in Manhattan. It is also within walking distance of major landmarks such as the Apollo Theater, one of New York City's most iconic music venues, and the Studio Museum in Harlem, which focuses on African-American artists. The property is also close to parks like Marcus Garvey Park and St. Nicholas Park, both about a 12-minute walk away. Additionally, it is conveniently near food markets such as Whole Foods Market, which is located right next to the Studio Museum.

Lot Size: 0.04 acres

Map of 132 W 130th St, New York , NY, 10027

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.