62 West 132nd Street, New York, NY, 10027

62 West 132nd Street New York, NY 10027

62 West 132nd Street, New York, NY, 10027
62 West 132nd Street, New York, NY, 10027
FOR SALE
Property Type:
Other Land
Amount:
$849,000
Last Verified:
Dec 04, 2024

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Highlights

  • Situated just off 125th Street, surrounded by Harlem's vibrant dining, retail, and cultural landmarks.
  • Close to 2, 3, A, C, B, and D subway lines for convenient access to all of Manhattan.
  • Steps from Marcus Garvey Park, the Apollo Theater, and other iconic Harlem attractions.
  • Located in a neighborhood with growing demand for quality housing.

Description


Development opportunity at 62 W 132nd St in Central Harlem, Manhattan. Located just off the 125th Street corridor, this property is surrounded by Harlem’s vibrant culture, dining, and retail options. With easy access to the 2, 3, A, C, B, and D subway lines, the site offers convenience for future residents. Nearby landmarks include Marcus Garvey Park and the Apollo Theater, adding to the appeal of the area. This is a chance to build in a neighborhood known for its rich history and strong demand for housing.


62 W 132nd St is located in the heart of Central Harlem, Manhattan, a neighborhood celebrated for its rich history, cultural vibrancy, and iconic landmarks. The property is situated just steps from Harlem’s bustling 125th Street corridor, offering access to a wide array of dining, shopping, and entertainment options. It enjoys excellent connectivity with nearby subway stations, including the 2, 3, and A, C, B, D lines, providing seamless access to downtown Manhattan and beyond. Residents can enjoy proximity to notable landmarks such as the Apollo Theater, Marcus Garvey Park, and the Studio Museum in Harlem, as well as a vibrant community atmosphere.

Lot Size: 0.04 acres

Map of 62 West 132nd Street, 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.