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3250000 521 West 134Th Street, New York, Ny 10031 West

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3250000 521 West 134Th Street, New York, Ny 10031 West 521 WEST 134TH STREET, NEW YORK, NY 10031 Opportunity Zone Development Site 19,184 BSF | Close Proximity to Columbia’s Manhattanville Campus, Transportation, and Harlem’s Factory Distric | FOR SALE West 135 th Street Broadway West 134 th Street Amsterdam Avenue WEST HARLEM 19,184 48’ X 99.92’ R7-A OPPORTUNITY ZONE Location Buildable SF Lot Dimensions Zoning PROPERTY INFORMATION PROPERTY DESCRIPTION Block / Lot 1988 / 14 Ariel Property Advisors is pleased to present 521 West 134th Street, a prime West Harlem development opportunity situated on the northside of West 134th Street, Lot Dimensions 48' x 99.92' between Amsterdam Avenue and Broadway. This site is situated in a rare Manhattan Lot Size 4,796 Sq. Ft. (Approx.) Opportunity Zone and benefits tremendously from it’s close proximity to City College, Columbia’s Manhattanville Campus, the transformative Harlem Factory District, and Zoning R7A the famous 125th Street thoroughfare. The site measures 48’ x 99.92’ with R7-A (4.00 FAR 4.00 FAR) zoning providing approximately 19,184 BSF, offering a unique opportunity for residential development in one of West Harlem’s most vibrant areas. Buildable Area 19,184 Sq. Ft. (Approx.) Additionally, the property has convenient proximity to numerous neighborhood draws Tax Class 4 including, but not limited to, The Studio Museum, Starbucks, National Jazz Museum, Assessment (19/20) $308,700 CTown Supermarkets, River Bank State Park, and the 125th Street retail corridor. Real Estate Taxes (19/20) $32,528 Notable nearby residential developments in the vicinity include a 23,000 square foot eight-story building on West 136th Street and filed permits for a 14-unit building at 463 West 125th Street. Earlier this year, the Olnick Organization received preliminary INVESTMENT HIGHLIGHTS approval from City Planning for the expansion of Lennox Terrace Housing, which could potentially deliver five new towers and 1,600 new units to the area. • Across the street from Columbia’s Manhttanville campus expansion • One Block from Fairway and Ctown supermarkets Convenient access to downtown Manhattan and outer-borough locations is provided by the 1 subway train station on West 137th street and the A/B/C subway trains located • Close proximity to the 1 and A/B/C subway trains at West 135th Street. Offering accessibility, scale, and prime location in a rapidly (20-25 minutes to Times Square) appreciating area of West Harlem, 521 West 134th Street represents an outstanding • Close proximity to the Henry Hudson Parkway Northern Manhattan development opportunity. ASKING PRICE: $3,250,000 212.544.9500 arielpa.nyc For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc For Financing Info Victor Sozio x12 Shimon Shkury x11 Michael A. Tortorici x13 James Nestor x86 Eli Weisblum x41 [email protected] [email protected] [email protected] [email protected] [email protected] The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. 18 May 2020 1:47 pm Bx7 to Riverdale/ 1 263 St via BRIDGE BROADWAY Riverdale Av Bx20 to HENRY HUDSON BRIDGE 9 AV Riverdale/ 246 St via BAKER Henry Hudson Pkwy INWOOD HILL FIELD NATURE CENTRE W 215 ST 1 INWOOD HILL PARK TERR WEST PARK ISHAM PARK INWOOD 207 ST ISHAM ST TENTH AV TENTH A W 207 St UNIVERSITY 207 St HEIGHTS DYCKMAN 1 NOUSE W 204 ST BRIDGE DYCKMAN ST SEAMAN AV Bx12 to Bay Plaza ACADEMY ST VERMILYEA AV SHERMAN AV via Fordham Rd. and A BROADWAY Pelham Pkwy THE (To Orchard Beach summers only) CLOISTERN DYCKMAN ST MUSEUM W 201 ST INWOOD 1 ELLWOOD ST RIVER SIDE DRIVE PETER JAY SHARP FORT BOATHOUSE TRYON HILLSIDE AV PARK 1 W 191 ST FORT GERGEAV A W 190 ST HENRY HUDSONHENRY PARKWAY W 190 ST OVERLOOK TERRACE FORT WASHINGTON AV W 186 ST BENNETT AV YESHIVA RIVER HARLEM UNIVERSITY CABRINI BLVD BROADWAY 1 181 ST WADSWORTH AV WADSWORTH WASHINGTON A W 181 ST BRIDGE W 180 ST W 179 ST W 178 ST Bx3 Riverdale FORT W 179 ST 238 St - Bway W 178 ST W 177 ST WASHINGTON GRORGE WASHINGTON Bx11 to West PARK BRIDGE BUS STATION Farm Rd via 170 St Bx13 to Yankee W 175 ST Stadium via A HIGHBRIDGE Odgen Av WASHINGTON PARK Bx35 to West GEORGE WASHINGTON BRIDGELITTLE RED Farms Rd via 167 St LIGHTHOUSE AV AUDUBON BROADWAY Bx36 to Olmstead HEIGHTS Av/Randall Av HARLEM RIVER DR AMSTERDAM AV AMSTERDAM HAVEN AV ST NICHOLAS AV NICHOLAS ST via 180 St RIVERSIDE DR 1 A C W 168 ST Washington hts TH 168 St 521 WEST 134 STREET, NEW YORK,FORT WASHINGTON AV NY 10031 Opportunity Zone Development Site 19,184 BSF | Close Proximity to Columbia’sW 166 ST Manhattanville Campus, Transportation, and Harlem’s Factory Distric | FOR SALEW 165 ST MORRIS-JUMEL W 163 ST MANSION C th N North side of West 134 Street, between Amsterdam Avenue and Broadway 168 ST Amsterdam Av S RIVERSIDE DR HARLEM RIVER DRIVE West 135th Street D RIVERSIDE DR B 1 W 157 ST 157 ST EDGECOMBEAV MACOMBS B D DAM BRIDGE W 155 ST Bx6 to Hunts AUDUBON C Pt Food Ctr via TERRACE 155 ST Yankee Stadium Broadway ST NICHOLAS AV JACKIE Amsterdam Avenue Amsterdam ROBINSON HARLEM RIVER DR PARK Harlem 148 St W 150 ST W 150 ST West 134th Street 3 BROADWAY AMSTERDAM AV AMSTERDAM W 147 ST W 147 ST BRADHURST AV BRADHURST A C AV EDGECOMBE 145 ST W 146 ST 2 FREDERICK DOUGLASS BLVD DOUGLASS FREDERICK 1 B D 145 ST BRIDGE 1988 14 48’ X 99.92’ 4,796 W 145 ST W 145 ST Bx19 to Botanical Block Lot Lot Dimensions Lot Area SF 3 Garden via 145 ST Southern Blvd W 143 ST W 141 ST 1 The City College of New York RIVERBANK ST NICHOLAS AV STATE PARK AV CONVENT 2 Columbia University W 139 ST W 139 ST 15 HAMILTON PL 10 K 14BROADWAY MADISON AV BRIDGE L W 138 ST CITYM 3 C Town A IN W 6 U E COLLEGET W 137 ST WT 137 ST 1 E 135 ST METRO 4NORTH 1 U 137 ST W 4 Manhattanville Community Center N B C I CITY COLLEGE A 5 L SCHOMBURG M 7 K 0 CENTRE W 135 ST 1 W 135 ST 6 Subject Property 5 The Studio Museum in Harlem ST NICHOLAS RIVERSIDE DR 3 PARK W 134 ST 2 3 THE BRONX 6 Duane Reade 135 ST BLVD DOUGLASS FREDERICK AVE LENOX Bx15 from 7 Chase Bank W 132 ST 4 AVE AMSTERDAM Fordham Plaza W 131 ST 3 AV BRIDGE 8 Dinosaur Bar-B-Que CONVENT AVE 1 8 0 MANHATTANVILLE Bx15 to Fordham M W 130 ST I N AV MADISON CAMPUS U T E K L W 9 Starbucks 2 A Plaza via Third Av W 129 ST AVE NICHOLAS ST 10 10 The National Jazz Museum in Harlem 1 125 ST AV 5 DR MARTIN LUTHER KING BLVD5 WILLIS AV BRIDGE 11 Whole Foods Market 9 W 127 ST A C ROBERT F. KENNEDY BRIDGE FACTORY HARLEM DISTRICT B D 4 5 6 E 126 ST 2 3 METRO ROBERT F. KENNEDY BRIDGE 12 Apollo Theater 12 NORTH W 125 ST W 125 ST Q Т PARK 11 CLARENONT AVE CLARENONT BROADWAY 13 Harriet Tubman Memorial RIVERSIDE W 124 ST E 124 ST LENOX AVE LENOX PALADINO AV PARK AV PARK RANDALL’S 14 McDonald’s GRANT’S MARCUS TOMB W 122 ST GARVEY E 122ND ST 13 AVENUE¥ ¤7 JR BLVD POWELL CLAYTON ADAM ISLAND 15 Riverbank State Park PARK 1 AV 1 W 120 ST W PARK MORRIS MT E 120 ST MORNINGSIDEAV 2 AV 2 3 AV 3 MANHATTAN AV MANHATTAN EAST ASKING PRICE: $3,250,000 COLUMBIA 212.544.9500 UNIVERSITY arielpa.nyc 118 ST HARLEM ICAHN 6 5 AV 5 B C 2 3 AV PLEASANT STADIUM For More Information Please Contact Our Exclusive Sales Agents at 212.544.9500 I arielpa.nyc AV AMSTERDAM For Financing Info W 116 ST E 116 ST W 116 ST 1 AV LEXINGTON 116 St MORNINGSIDE Victor Sozio x12 Shimon Shkury x11 Michael A. Tortorici x13 James NestorColumbia x86 PARK Eli Weisblum x41 [email protected] [email protected] [email protected] [email protected] [email protected] W 113 ST JEFFERSON CATHEDRAL W 112 ST E 112 ST PARK Cathedral Central Park Cathedral OF ST JOHN North (110 St) The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to Pkwydoubt (110 its accuracy St) but we do not guarantee the accuracy of any information providedPkwy herein. (110 As St) an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any.
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