OPPORTUNITY ZONE 497 WEST 129TH STREET NEW YORK, NY BLOCK-THROUGH INDUSTRIAL WAREHOUSE WITH 40' CEILINGS APPROVED PLANS FOR APPROXIMATELY 21,000 SF PROPERTY OVERVIEW

Property Description: Cushman & Wakefield has been retained on an exclusive basis for the sale of 497 West 129th Street. The subject property is a 58' wide, 11,597 square foot block-through industrial building with fully approved plans to add an additional floor. 497 West 129th Street boasts a curb cut and up to ~40' ceiling heights. The property is located on West 129th Street through to West 130th Street between Convent and Amsterdam Avenues.

497 West 129th Street is within walking distance of Columbia University, St. Nicholas Park, the City College of New York, the Manhattanville Factory District and close to other major institutions. The subject property benefits from its immediate access to the 1, A,B,C, and D trains and numerous bus lines. The block-through warehouse is located in an opportunity zone. As industrial assets continue to become more desirable, 497 West 129th Street presents the opportunity to purchase one of the last true warehouse properties in Harlem.

Property Highlights: • Fully approved plans to add additional floor (approximately 21,000 SF) • Opportunity Zone • 58' Feet Wide • Ceiling heights up to ~40' • Curb cut and loading dock • Close proximity to , , , , and trains

Tax Map

WEST  STREET

54.58

AMSTERDAM AVENUE CONVENT AVENUE

193.085 199.83 1969

58.48 WEST  STREET

2 | 497 WEST 129TH STREET

WEST  STREET PROPERTY FEATURES

Asking Price: $6,500,000 PPSF: $306 (Approved Plans) PPSF: $611 (Existing Layout)

Property Information Address: 497 West 129th Street, New York, NY 10029 Block & Lot: 1969-5 Lot Dimensions: 58.48' x 199.1' Lot SF: 11,643SF (approx.)

Building Information Property Type: Fireproof Warehouse Building Dimensions: 58.48' x 198' Stories: 1 Year Built / Last Altered: 1900 / 2006 Existing Gross SF: 10,629 SF (approx.) Approved Plan Gross SF: 21,258 SF (approx.) Air Rights: All additional air rights have been transferred Zoning: R7A

NYC Financial Information (20/21) Total Assessment: $670,500 Annual Property Tax: $71,703 Tax Rate: 10.6940% Tax Class: 4

View from 129th Street

CUSHMAN & WAKEFIELD | 3 497 West 129th Street

4 | 497 WEST 129TH STREET View from 130th Street

CUSHMAN & WAKEFIELD | 5 497497 WESTWEST 129TH129TH STREETSTREET

BROADWAY

RIVERBANK STATE PARK

497 WEST 129TH STREET

Columbia | Manhattanville Campus

Manhattanville Factory District | Taystee Building HUDSON RIVER HUDSON

RIVERSIDE PARK

The City College Of New York PARKWAY HUDSON HENRY

6 | 497 WEST 129TH STREET HUDSON RIVER HUDSON INTERIORAERIAL PHOTOS MAP

TH STREET WEST 125

BROADWAY

CUSHMAN & WAKEFIELD | 7 497 WEST 129TH STREET

PL PL   PROJECT:

 INTERIOR  OPENING ALTERATIONS & STEPS

495 West 129th Street  NEW YORK, NY 10027 

ROOF    Friedland Properties  ELEVATOR 500 Park Avenue, 11th Floor SHAFT New York, NY 10022 12'-2" 5'-0" 212-744-3300

6'-10" CORRIDOR 1ST FLOOR   Architect: " 5 8  16'-5  WILLIAM LEGGIO ARCHITECT LLC  PL PL 584 Broadway, Suite 1109 12'-2" New York, NY 10012 212.966.4443 CELLAR     55'-1"  6'-6" Consulting Engineers:   1 RODNEY D. GIBBLE, P.E., SECB  130TH STR.  18 West 21st Street, 3rd Floor

 15'-1"   New York, NY 10010 PL PL  212.989.2853     129TH STR. 15'-1" 

 7'-9" BASEMENT  Consulting Engineers:   EMT CONSULTANTS, INC 199'-10" 236 Mineola Boulevard, Mineola, NY 11501  3  212.268.6465  

  " 8 7 12'-0 5'-0" CORRIDOR 1ST FLOOR  C WILLIAM LEGGIO ARCHITECT LLC  ALL DRAWINGS AND WRITTEN MATERIAL APPEARING HEREIN CONSTITUTE ORIGINAL AND UNPUBLISHED  WORK OF THE ARCHITECT / ENGINEER AND MAY  NOT BE DUPLICATED, USED OR DISCLOSED WITHOUT " CONSENT OF THE ARCHITECT / ENGINEER. 1 2  12'-2" IT IS UNLAWFUL FOR ANY PERSON TO ALTER AN ITEM ON THIS DRAWING,

10'-4 UNLESS ACTING UNDER THE DIRECTION OF A LICENSED ARCHITECT OR PROFESSIONAL ENGINEER. IF ANY ITEM IS ALTERED, THE ALTERING CELLAR ARCHITECT/ ENGINEER SHALL AFFIX TO THE ITEM HIS SEAL AND THE  NOTATION "ALTERED BY" FOLLOWED BY HIS SIGNATURE AND THE DATE  OF SUCH ALTERATION, AND A SPECIFIC DESCRIPTION OF THE ALTERATION. REFERENCE: NEW YORK STATE EDUCATION LAW ARTICLE 147 (ARCH.), 18'-0" 55'-1" SECTION 7307 AND ARTICLE 145 (ENGINEERING), SECTION 7209 (2) LP   LP    2 3 19'-1 1/2" 19'-9" 19'-6" 19'-6" 20' 19'-8" 19'-6" 20'-2" 19'-11" 20'-8"  2'-04"  PL PL       130TH STR. 

 24'-6"  7'-11"      4'-10"

  6"   

 " 5 8   129TH STR.

 12'-8"  12'-2"

 10'-4 

25'-11 5/8" 26'-11 7/8" 26'-11 3/4" 27'-0 1/4" 6'-6" 26'-11 3/4" 27'-6 3/4" 35'-3 1/2" 7'-4"  25'-1"        6'-0" 199'-10" CORRIDOR NEW DOORS

6"  1ST FLOOR A 2'-6 1/2"  1'-9 1/2" W 21 B.O.B.: 12'-11" W 21 B.O.B.: 12'-11" 1ST FLOOR B   6  W 14 TYP.  W 21 B.O.B.: 10' 4-1/2" STRUCTURE REV DATE DESCRIPTION ISSUE BEYOND

19'-6"   DRAWING TITLE: 2'-8" 12'-11" 

14'-8 1/2" 13'-0" COL.

10'-4-1/2" SECTIONS CELLAR   18'-0" SEAL: FILE: 31'-10 1/2" 55'-1" DATE: 4/19/18

SCALE: AS NOTED PROGRESS 6/05/2018 DRAWING NO.:  3  A-201.00 SHEET 6 OF 7

8 | 497 WEST 129TH STREET PL PL   PROJECT:

 INTERIOR  OPENING ALTERATIONS & STEPS

495 West 129th Street  APPROVED PLANS NEW YORK, NY 10027 

ROOF    Friedland Properties  ELEVATOR 500 Park Avenue, 11th Floor SHAFT New York, NY 10022 12'-2" 5'-0" 212-744-3300

6'-10" CORRIDOR 1ST FLOOR   Architect: " 5 8  16'-5  WILLIAM LEGGIO ARCHITECT LLC  PL PL 584 Broadway, Suite 1109 12'-2" New York, NY 10012 212.966.4443 CELLAR     55'-1"  6'-6" Consulting Engineers:   1 RODNEY D. GIBBLE, P.E., SECB  130TH STR.  18 West 21st Street, 3rd Floor

 15'-1"   New York, NY 10010 PL PL  212.989.2853     129TH STR. 15'-1" 

 7'-9" BASEMENT  Consulting Engineers:   EMT CONSULTANTS, INC 199'-10" 236 Mineola Boulevard, Mineola, NY 11501  3  212.268.6465  

  " 8 7 12'-0 5'-0" CORRIDOR 1ST FLOOR  C WILLIAM LEGGIO ARCHITECT LLC  ALL DRAWINGS AND WRITTEN MATERIAL APPEARING HEREIN CONSTITUTE ORIGINAL AND UNPUBLISHED  WORK OF THE ARCHITECT / ENGINEER AND MAY  NOT BE DUPLICATED, USED OR DISCLOSED WITHOUT " CONSENT OF THE ARCHITECT / ENGINEER. 1 2  12'-2" IT IS UNLAWFUL FOR ANY PERSON TO ALTER AN ITEM ON THIS DRAWING,

10'-4 UNLESS ACTING UNDER THE DIRECTION OF A LICENSED ARCHITECT OR PROFESSIONAL ENGINEER. IF ANY ITEM IS ALTERED, THE ALTERING CELLAR ARCHITECT/ ENGINEER SHALL AFFIX TO THE ITEM HIS SEAL AND THE  NOTATION "ALTERED BY" FOLLOWED BY HIS SIGNATURE AND THE DATE  OF SUCH ALTERATION, AND A SPECIFIC DESCRIPTION OF THE ALTERATION. REFERENCE: NEW YORK STATE EDUCATION LAW ARTICLE 147 (ARCH.), 18'-0" 55'-1" SECTION 7307 AND ARTICLE 145 (ENGINEERING), SECTION 7209 (2) LP   LP    2 3 19'-1 1/2" 19'-9" 19'-6" 19'-6" 20' 19'-8" 19'-6" 20'-2" 19'-11" 20'-8"  2'-04"  PL PL       130TH STR. 

 24'-6"  7'-11"      4'-10"

  6"   

 " 5 8   129TH STR.

 12'-8"  12'-2"

 10'-4 

25'-11 5/8" 26'-11 7/8" 26'-11 3/4" 27'-0 1/4" 6'-6" 26'-11 3/4" 27'-6 3/4" 35'-3 1/2" 7'-4"  25'-1"        6'-0" 199'-10" CORRIDOR NEW DOORS

6"  1ST FLOOR A 2'-6 1/2"  1'-9 1/2" W 21 B.O.B.: 12'-11" W 21 B.O.B.: 12'-11" 1ST FLOOR B   6  W 14 TYP.  W 21 B.O.B.: 10' 4-1/2" STRUCTURE REV DATE DESCRIPTION ISSUE BEYOND

19'-6"   DRAWING TITLE: 2'-8" 12'-11" 

14'-8 1/2" 13'-0" COL.

10'-4-1/2" SECTIONS CELLAR   18'-0" SEAL: FILE: 31'-10 1/2" 55'-1" DATE: 4/19/18 For full floor plans please inquire. SCALE: AS NOTED PROGRESS 6/05/2018 DRAWING NO.:  3  A-201.00 SHEET 6 OF 7

CUSHMAN & WAKEFIELD | 9 497 WEST 129TH STREET West Harlem West Harlem is a neighborhood located in Manhattan (Part of Community Board 9) overlooking the Hudson River and bordering the Upper West Side, Central Harlem, and Washington Heights. West Harlem is comprised of the Morningside Heights, Manhattanville, and Hamilton Heights sub-neighborhoods. Some key features of West Harlem include Central Park North, Columbia University, City College, Riverbank State Park, and 125th Street.

Morningside Heights Morningside Heights is a sub-neighborhood in West Harlem bordered by the Upper West Side to the South, Central Harlem to the East, and Manhattanville to the North. Home to Manhattan’s only Ivy League University, Morningside Heights is a hub for students and teaching professionals. The sub-neighborhood is also home to a number of tourist destinations including the Cathedral of Saint John the Divine, Riverside Church, and Grant’s Tomb.

Higher Education West Harlem is home to two of New York’s institutions of higher learning; Columbia University, a private Ivy League university and City College, a public college on a hill overlooking Harlem. Both institutions are famous for their large campuses in the notoriously cramped borough of Manhattan.

10 | 497 WEST 129TH STREET NEIGHBORHOOD CHARACTER

Hamilton Heights Hamilton Heights is a sub-neighborhood in West Harlem bordered by Manhattanville to the South, Central Harlem to the East, and Washington Heights to the North. Notable sites of the area include City College, Riverbank State Park, and The Harlem School of the Arts. Hamilton Heights is also comprised of Sugar Hill, a historic district in the northern section of Hamilton Heights. The sub-neighborhood is named after Alexander Hamilton who lived the remainder of his life in the area.

Central Park North Central Park North is located on 110th Street between 5th Avenue and Frederick Douglass Boulevard. The northern border of the park is home to a number of condominium buildings, a 38-unit condominium development, and Lasker Rink and Pool.

Manhattanville Manhattanville is a sub-neighborhood in West Harlem bordered by the Morningside Heights to the South, Central Harlem to the East, and Hamilton Heights to the North. The sub- neighborhood is currently undergoing major development by socially conscious developers including Columbia University and Janus Partners. The combined development size consists of well over 7 million square feet and is geared towards researchers, students, and community members.

CUSHMAN & WAKEFIELD | 11 497 WEST 129TH STREET

ROBERT SHAPIRO (212) 660-7717 [email protected]

ERIC ROTH (212) 660-7757 [email protected]

TYLER SIGNORA (212) 589-5102 [email protected]

MARQUIS CAMPBELL (212) 660-7714 [email protected]

HARRY JAMES (212) 589-5195 [email protected]

Cushman & Wakefield Copyright 2021. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.