498 W 130th St

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Address: 498 W 130th St, New York, NY 10027, USA
New York & Tri-State + Land/Development
Created date: September 24, 2024
Date last updated: September 29, 2026
Price: $599,000Investment Analyzer NEW!
  • Prime vacant lot in the vibrant Harlem neighborhood with 1,245 sq. ft. of lot space and 4,980 buildable sq. ft.
  • Ideal for a luxury 4-story two-family development, catering to high-demand housing.
  • Resale value projected between $3,200,000 and $3,600,000, offering strong investment potential.
  • Conveniently located within walking distance of the 125th Street [1] Train Station.
  • Close to 135th Street [A], [B], [C], [D] Train Station, enhancing access to transit and local amenities.

Property Description

Unlock the potential of this prime vacant lot at 498 W 130th Street in Harlem, featuring 1,245 sq. ft. of lot space and 4,980 buildable sq. ft. This property is ideally suited for a luxury 4-story two-family development, catering to the growing demand for high-quality housing in the area. With a projected resale value of $3,200,000 to $3,600,000, this opportunity offers strong investment potential. Conveniently located within walking distance of the 125th Street [1] Train Station and in proximity to the 135th Street [A], [B], [C], [D] Train Station, the site ensures easy access to public transit and local amenities, making it an ideal choice for savvy investors and developers.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $599,000
Lot Size: 0.03 Acres
Opportunity Zone: No
Property Website Click Here
Address: 498 W 130th St, New York, NY 10027, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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