Theresa A. Arnold

111 W 132nd Street, New York, NY 10027

New - 15 Hours Ago

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 Harlem's 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 OccupancyFLEXIBLE 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+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 Harlem's 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.Scheduled are by appointment only.

111 W 132nd Street | MLS# 1058656

This multi-family property located at 111 W 132nd Street, New York, NY 10027 is currently listed for sale with an asking price of $1,545,000. Search New York real estate on terri-arnold.coldwellbankerprime.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: See Remarks
Cooling: None
Garage: 1
Heating: See Remarks, Other
Taxes: $0
Year Built: 1886

Amenities

Other

Feature Descriptions

Exterior: Other
Fireplace Y/N: Yes
GarageY/N: Yes
On Market Date: 2026-10-05
Parking Features: Carport, Garage
Rental Term: Monthly
Senior Community Y/N: Yes
Sewer: Other
Units: 6
Utilities: See Remarks
Water: Other

Estimate Your Payment

Estimated Payment

$ 3,889.13 per month $3,438.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $450.63 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Harlem Lofts Inc.
Agency Phone: 212-280-8866

Shown By

Agent Name: Theresa A. Arnold
Agent Phone: (315) 278-4965 Cell
Agency Title: Coldwell Banker Prime Properties

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