161-165 W 132nd St - Parking Lots & Garages FOR SALE


New York, NY 10027
$4,900,000 USD
212-544-9500
161-165 W 132nd St, New York, NY for Sale
$4,900,000 USD
Parking Lots & Garages - FOR SALE
1/2
null | Request Cap Rate

161-165 W 132nd St
New York, NY 10027


OVERVIEW

- 135-Spot operating parking garage with a potential gross income of $842,625 - 60’ Feet of frontage on West 132nd Street - Flexible conversion options - 22,800 SF above grade plus a 5,700 SF cellar w/ service elevator - Close proximity to the 2, 3, A, B & C subway trains (20-25 min to Times Square) - Delivered vacant - With flexible R7-2 / C1-4 zoning 30,035 BSF with a UAP bonus - Local condominiums achieving sellouts approaching $1200/SF

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

135

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,994 SF

ZONING

R7-2/C1-4(FAR 3.44/2.0)

APN/PARCEL ID

1917-0005

ASK ABOUT THIS PROPERTY

Michael TortoriciAriel Property AdvisorsMore Info
212-544-9500

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Michael TortoriciAriel Property AdvisorsMore Info
212-544-9500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.