We are pleased to highlight our sale of 369 West 126th Street, a newly developed 11-unit elevator boutique condominium project comprising approximately 8,593 square feet. The property is located on the north side of West 126th Street between Morningside and St. Nicholas Avenue.
The building is ideally situated on a cozy residential street one block north of the 125th Street commercial corridor and around the corner from the A, B, C and D subway lines on 125th Street and St. Nicholas Avenue. Fifteen minutes from midtown and within walking distance to the Columbia University expansion project also makes this a favorable acquisition. The property, which can serve either as a condo building or a multi-family rental asset, will boast 5 studios, 2 one bedroom and 4 two-bedroom apartments, including a penthouse unit with two balconies and exclusive access to the rooftop. The project is approximately 80% complete and requires an estimated $250,000 to finalize. The property also benefits from a 15-year 421A tax exemption. Seller financing is available. The floor plans and marketing brochure are available upon request.
