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JLL has been retained on an exclusive basis to arrange for the sale of 417 West 126th Street (aka 412 West 127th Street), a block through 3-story, 12,420 GSF, commercial property, situated between Morningside and Amsterdam Avenues in the heart of the brand new Manhattanville Factory district. The property is irregular in shape measuring ~28’ wide on West 126th Street, ~25’ wide on West 127th.
The entire building is currently owner occupied and can be delivered vacant. The ground floor features curb cuts on both West 126th and West 127th Streets and offers indoor parking for 15 cars/trucks. The second and third floors are configured as office space with a series of conference and meeting rooms. The building is serviced by a central freight elevator capable of bringing heavy equipment from the ground floor to the other levels.
The property benefits from its location within the flexible R7-2, M1-5, MX-15 zoning district, which allows for future development to alternative uses including, Residential, Commercial and Community Facility which range from 16,300-26,488 BSF. In addition to its flexible zoning the site benefits from its location within an opportunity zone. 417 West 126th Street will appeal to end-users interested in relocating to a property which they solely control, developers looking to benefit from the proximity to large neighborhood institutions and investors looking to diversify their portfolios. 417 West 126th Street will be sold on an as-is where is basis.
· Vacant commercial building with indoor parking
· Flexible zoning & future development potential
· Rapidly developing Harlem neighborhood
· Columbia University
· Location & connectivity