161-165 West 132nd Street

161-165 West 132nd Street, New York, NY 10027

  • For Sale $6,800,000
  • Property Type Mixed Use
  • Property Size 28,500 SF
  • Lot Size 5,995 SF
  • Date Updated Mar 14, 2022
  • Website arielpa.nyc

Ariel Property Advisors presents 161-165 West 132nd Street, a 60‘ wide residential or commercial conversion opportunity located on the north side of West 132nd Street between Adam Clayton Powell Boulevard and Lenox Avenue in Central Harlem’s Historic District.

161 West 132nd Street consists of a 60’ x 99.92’ lot that is improved by a vacant 4-story structure. In its current configuration, the building contains a 135-spot parking garage spanning 22,800 square feet with an additional 5,700 square feet of below-grade space, which includes a service elevator.

With flexible R7-2 / C1-4 zoning, its scale, layout, and vacancy are appealing to both residential developers and owner users who can capitalize on the strengthening Central Harlem market. Owner-users will appreciate the building’s flexibility to accommodate residential, retail, restaurant, education, office, or other community-oriented uses.

The property is located along a tree-lined residential block with excellent proximity to Striver’s Row and several other neighborhood attractions and institutions. Harlem Hospital, City College of New York, St. Nicholas Park and Columbia University’s Manhattanville expansion are all within walking distance of the subject property. Additionally, transportation is easily accessible from the property with the 2,3 / A, B, C subways within a 4 minute walk as well as the M2, M7 and M102 bus lines.

With its architecturally distinct structure, prime location, and flexible conversion options, 161-165 West 132nd Street represents a premier Central Harlem opportunity for developers, investors and owner-users.

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Contacts

broker

Victor Sozio

Ariel Property Advisors

(215) 544-9500

broker

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

broker

Michael A. Tortorici

Ariel Property Advisors

(212) 544-9500

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Harlem
  • Zip Code 10027

Points of Interest

  • Lenox Avenue & 135th Street at Southwest Corner

    0.18 miles

  • 135th Street

    0.19 miles

  • Lenox Avenue & 135th Street at Southeast Corner

    0.19 miles

  • Lenox Avenue & 135th Street at Northwest Corner

    0.19 miles

  • Lenox Avenue & 135th Street at Northeast Corner

    0.21 miles

  • Lenox Avenue & 125th Street at Northwest Corner

    0.40 miles

  • Lenox Avenue & 125th Street at Northeast Corner

    0.40 miles

  • 125th Street

    0.41 miles

  • Lenox Avenue & 125th Street at Southwest Corner

    0.42 miles

  • Lenox Avenue & 125th Street at Southeast Corner

    0.43 miles

  • Shell

    0.55 miles

  • Mobil

    0.60 miles

  • Speedway

    0.61 miles

  • BP

    0.72 miles

  • BP

    0.86 miles

  • BP

    0.92 miles

  • Mobil

    1.04 miles

  • BP

    1.22 miles

  • Shell

    1.28 miles

  • Mobil

    1.33 miles

  • Hamilton Grange

    0.57 miles

  • 153rd Street South Lot

    1.01 miles

  • Harlem River South Lot

    1.02 miles

  • 153rd Street North Lot

    1.05 miles

  • Harlem River Lot

    1.05 miles

  • 153rd Street Lot

    1.11 miles

  • Harlem River North Lot

    1.12 miles

  • 153rd Street Garage

    1.16 miles

  • Commuter Parking

    1.16 miles

  • Rupert Plaza Garage

    1.28 miles

  • La Maison d'Art Private Gallery

    0.13 miles

  • Aloft Hotel

    0.48 miles

  • Apollo Hotel

    0.56 miles

  • Efuru Guest House

    0.66 miles

  • L-Hostels

    0.75 miles

  • Lotus Accomodation

    0.80 miles

  • Holiday Inn Express Bronx, NYC, Stadium Area

    0.81 miles

  • Comfort Inn & Suites

    0.83 miles

  • Bancroft first floor resident rooms

    0.83 miles

  • Hotel

    0.87 miles

  • Yatenga French Bistro

    0.04 miles

  • IHOP

    0.11 miles

  • Texas Chicken & Burgers

    0.14 miles

  • Popeyes

    0.14 miles

  • McDonald's

    0.17 miles

  • Abyssinia

    0.18 miles

  • Sushi Inoue

    0.20 miles

  • Charles Country Pan Fried Chicken

    0.20 miles

  • African and American Best Food

    0.21 miles

  • A Taste of Seafood

    0.21 miles

  • P.S. 175 Henry Highland Garnet

    0.10 miles

  • Public School 92

    0.13 miles

  • Public School 68

    0.26 miles

  • Junior High School 136

    0.29 miles

  • Thurgood Marshall Academy for Learning

    0.29 miles

  • Bread and Roses Integrated Arts High School

    0.29 miles

  • Junior High School 139

    0.35 miles

  • Saint Mark the Evangelist Preschool

    0.35 miles

  • Saint Mark the Evangelist School

    0.36 miles

  • CUNY Advanced Science Research Center

    0.38 miles

  • Park West Montessori School

    1.49 miles

  • Friends & Family Daycare

    1.53 miles

  • Purple Circle Early Childhood Program

    1.63 miles

  • Sunshine Learning Center

    1.70 miles

  • Upper Valley Preschool

    1.87 miles

  • Preschool of America

    1.92 miles

  • Playhouse Prep

    1.92 miles

  • Arc En Ciel

    2.14 miles

  • NY Kids Club

    2.15 miles

  • Prospect Family Support Center

    2.36 miles

Frequently Asked Questions

What is the lease rate for 161-165 West 132nd Street?

Rental asking rate at 161-165 West 132nd Street is $3,400,000.00/YR.

What is the total square footage of 161-165 West 132nd Street?

161-165 West 132nd Street totals 28,500 square feet.

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