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20 East 125 Street

20 EAST 125 STREET - BUILDING / NEW YORK / NY
$2,500,000
3
4
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Description
Available now
Sale listing #1479331
4900 sq. ft.
Fees: $1/month
Taxes $22000/year
Located in Central Harlem
Property Type: Mixed Use
Floor: 4
Full Baths: 2
Half Baths: 2
Total Rooms: 12
The monthly total payment including maintenance and/or common charges plus taxes is $13,506/month. This assumes 20% down payment and a 30 year rate of 5.75%.
Want to know approximate closing costs? Visit our closing cost calculator

20 East One Hundred & Twenty Fifth Street.

This historic townhouse is an entrepreneurs dream offering endless work from home possibilities for creatives and small business owners alike.

20 East 125th street is a Mixed-Use townhouse located in the beating heart of uptown Manhattan. Offering ground floor prime retail space between 5th and Madison Aves with an option of a full 2nd Floor office/residential space with access to a sprawling rear garden.

The Deets:

Ground level retail space (800 sqft) with direct stair access to several storage spaces below. A simple basement renovation could easily add an additional 800 sqft of retail space for any future commercial usage. The 2nd through 4th floors are currently utilized as a triplex residential unit which can be redesigned into several mixed use options.

The East Harlem Redevelopment Plan has reshaped zoning ordinances in the area paving the way for large scale investment and redevelopment all along East 125th Street. A revitalization effort backed by the local community, has seen billions of dollars of private investment pouring into roughly 10-15 projects completed or already underway within a 5 block radius.

What's Happening Nearby and why you should buy in now:

The East Harlem Redevelopment Plan has reshaped zoning ordinances in the area paving the way for large scale investment and redevelopment all along East 125th Street. A revitalization effort with the backing of the local community has seen billions of dollars of private investment pouring into roughly 10-15 projects completed or already underway within a 5 block radius.

Phase 2 of the Q train will see it reach 125th and Park Ave just one block away connecting the Upper East Side and East Harlem Seamlessly. Eventually further extending the length of the entire east side of the Island on the eastern corridor.

By 2023 The city hopes to finish The East River Greenway Project creating over 7 acres parks and walking/bike paths along the East River waterfront from 96th-132nd street.

One East Harlem is a mixed use building recently completed in 2020 with over 400 new units and a focus on local retail and creative space notably Groove With Me a youth dance center will be housed there. The Caribbean Cultural Center African Diaspora Institute will have a presence as well. Lastly there will be a huge Food Bazaar bringing together people from all walks of life for a taste of Harlem.

The restoration of the Kieth Haring "Crack is Whack" Mural nearby is almost complete.

Across the street The National Black Theater will be reborn in the base of a stunning new high rise building.

For more detailed information and images on what's coming to the area click below for Gotham To Go's fantastic blog:

https://gothamtogo.com/east-125th-street-east-harlem-a-work-in-progress/

20 East 125th street Is a wonderful opportunity to build a home and or business within a tight knit culturally diverse and historic community. Although this area may be receiving a make-over on 125th street. it was within townhomes on 125th street and all across Harlem where someone's American Dream was being written. Small businesses and individuals which contributed to the vibrant Harlem story. Will yours be next?

Amenities
  • Private backyard
  • Stainless Steel Appliances
  • Dishwasher
  • Washer/Dryer
Photo for Agent Xeno Chirchi
Licensed as Siraj Chirchi
Real Estate Salesperson
(929) 389-0673
Contact
Nearby subway lines
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