About this property
Ariel Property Advisors presents 247 West 139th Street, a 19’ wide, walk-up building located on the north side of West 139th Street between Adam Clayton Powell and Frederick Douglass Boulevards in Central Harlem.
Spanning 4,842 gross square feet, this four-story building is comprised of 12 spacious Class B units. All 12 units are currently occupied providing immediate cash flow and great financing potential. The asset also has substantial 6,273 square feet of air rights for additional development, as well as 3 parking spots.
247 West 139th Street is located in the middle of prestigious Striver’s Row, arguably the most desired section of Central Harlem. This prime position features excellent proximity to several neighborhood attractions and institutions such as St. Nicholas Park, City College of New York, Harlem Hospital and Columbia University Manhattanville expansion, all within walking distance of the subject property. Additionally, transportation is easily accessible from the property with the A/C/B subway trains located just four blocks away at 135th Street and St. Nicholas Avenue, and the 2/3 subway trains located four blocks away at 135th Street and Lenox Avenue.
With its prime location and established cash flow, 247 West 139th Street presents a prime acquisition opportunity for investors in a growing area of Central Harlem.
Listing Courtesy of Michael A Tortorici