Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 487 West 129th Street. The property is a unique block-through residential development site located between Amsterdam Avenue and Convent Avenue in the heart of Manhattanville.
The lot dimensions and zoning make it extremely attractive to developers. Spanning 97.5’ x 198.73’ zoned R7-A (4.00 FAR) provides future ownership with a tremendous development opportunity. Given the sites slope, a structure of roughly ~155,000 BSF can be constructed including parking and community facility. The site is located in Qualified Opportunity Zone, next to Columbia University’s Manhattanville Campus, the 125th Street retail corridor, and Harlem’s Factory District.
487 West 129th Street is also within walking distance of St. Nicholas Park, the City College of New York, and the Factory District. In addition, the subject property also benefits from its immediate access to the 1, A, B, C, and D trains and numerous additional bus Lines.
