111 W 132nd St, Manhattan, NY 10027

Property Description

OWNER SAYS SELL! MAJOR PRICE REDUCTION NOW $1,545,000 DELIVERED VACANT$655,000 BELOW THE ORIGINAL ASKING PRICE!An exceptional opportunity to own a piece of Harlem history with significant residential and investment potential. Delivered vacant, this remarkable Queen Anne townhouse offers a unique opportunity for an investor or owner-user to create a customized residential or income-producing property. HISTORIC HARLEM TOWNHOUSEBuilt in 1886 by renowned architects Cleverdon & PutzelBeautiful limestone and slate Queen Anne faadeLocated within one of Central Harlems most sought-after Historic DistrictsFormer clubhouse of The Frogs, one of the earliest professional organizations for Black theater professionalsCurrently configured as a Church + Two Class A Apartments per the existing Certificate of Occupancy FLEXIBLE CONVERSION POTENTIALDelivered vacant, providing maximum flexibility for the next ownerStraightforward roadmap for conversion to a Residential 1- or 2-Family Certificate of OccupancyPotential for a 3+ Family Rental Investment configurationExcellent opportunity to create a high-end single-family residence, multi-family home, or income-producing property PROPERTY HIGHLIGHTS Brand-new boiler Brand-new hot water heater Community garden directly across the street Church located behind the property Wide open spaces on both sides provide excellent natural light throughout the day Prime Upper Manhattan location IDEAL CENTRAL HARLEM LOCATIONSteps from Harlems Restaurant RowMinutes from shopping, dining, and entertainment along 125th Street Convenient access to the 2/3 and B/C subway lines Close to the M2, M7, and M102 buses Short walk to St. Nicholas Park and Mount Morris Park A RARE VALUE-ADD OPPORTUNITYWith a $655,000 reduction from the original asking price, vacant delivery, brand-new mechanical systems, historic character, and multiple potential uses, this property offers an exceptional opportunity for an investor or owner-user seeking significant upside in Central Harlem.