Category Archives: Harlem real estate,

364 West 119th Street in Harlem purchased for rental redevelopment

In a news release issued today, Jasper Venture Group announced it has purchased a five-story, ten unit low-rise apartment building in Harlem for rental redevelopment.

The property, located at 364 West 119th Street, is in Morningside Heights neighborhood adjacent to Morningside Park and Columbia University. The location offers proximity to nearby Harlem restaurants, nightlife, and mass transit.

According to the news release, the brick row house was originally built in 1910, and its facade retains desirable original architectural features, including ornate ironwork and stonework.

Construction will begin in April, 2014.

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220 St. Nicholas in Harlem 50 percent rented

According to The Real Deal, 220 St. Nicholas Avenue in Harlem “is halfway leased after three weeks, according to its developer Justin Gorjian.”

The 11-story residential building was converted to full-floor rental units and two retail spaces. “Each unit comes with a private outdoor space, floor-to-ceiling windows and private entry that is accessed by keyed elevators. Prices range from $3,000 to $8,000 per month for one, two, and three-bedroom apartments,” according to the article.
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More than 60 percent of condos sold at One Morningside Park in Harlem says The NY Times

One Morningside Park, the luxury condo going up on 110th Street and Manhattan Avenue, is more than half sold! The New York Times reports today that more than 60 percent of the 54 units have sold and prices continue to rise!

“The remaining one-bedroom is listed at $925,000. Two-bedrooms range from $1.436 million, for a 1,051-square-foot space, to $1.949 million for a 1,397-square-foot space. And three-bedrooms range from $1.911 million, for 1,265 square feet, to $2.302 million for 1,383 square feet.”

The article even states people are moving to Harlem because folks are priced out in other parts of the City. Insane!

Manhattan is out of control expensive with no end insight. Mayor-elect De Blasio your up!

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2040 Frederick Douglass Blvd in Harlem to become apartment complex, gas station employees let go before the holidays

We now have confirmation on what will happen with the Harlem gas station at 2040 FDB. It will become an apartment building. We’ve pretty much known all along what was going to happened to the gas station. Details leaked out last August. Read the latest details here.

What we’ve also learned recently is that more than 20 gas station employees were let go right before the holidays. I guess the developer couldn’t wait until January. Grinch!

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Want a Harlem t-shirt? Keep Harlem, Harlem tees now available

On this Harlem blog, I use tees to feature the subject matter, ie Harlem. Sometimes readers ask, where can I buy a unique tee with the name Harlem on it? Here’s an option. One of my favorite Harlem sites, Harlem NYC, is now offering Harlem tees to purchase. The t-shirt says “Keep Harlem, Harlem.” Pretty cool…huh? If you’re interested in purchasing this Harlem tee, go here! And to check out Harlem NYC like I do, click here.

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Sale of 1800 Park Avenue in Harlem is completed

We have more Harlem real estate news to report. HarlemGal Inc received a news release recently announcing that Vornado Realty Trust has “completed the previously announced sale of a parcel of land known as Harlem Park located at 1800 Park Avenue (at 125th Street) in New York City for $66 million…” The sale was finalized in the last 48 hours.

With the sale of 1800 Park Avenue completed, we can all now assume that the previously reported plans to develop this area will now move forward. According to several online reports, “Bruce Eichner is planning an 80/20 residential project at the Harlem Park site. Eichner has been in the midst of an architectural competition for the planned development at 1800 Park Avenue and 125th Street.”
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Neil Patrick Harris requests Harlem brownstone online and gets it, actor and partner buy 2036 Fifth Avenue

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Ask and you shall receive! That’s what Harlem resident, actor and TV star Neil Patrick Harris did back in March where he took his plea to twitter saying “he was looking for a Harlem brownstone.” He wanted a Harlem brownstone and he purchased a Harlem brownstone, according to The New York Post today.

The NY Post says, “Harris [and his partner] just bought a stunning $3.6 million townhouse at 2036 Fifth Ave., between West 125th and 126th streets. The five-story stunner has five bedrooms, five bathrooms and measures a sprawling 8,000 square feet. The sun-filled home includes two terraces, a backyard, chef’s kitchen and lots of space for a playroom and gym. The home is significantly bigger than the couple’s previous home, which was also in Harlem.” View pictures of the actual property here.

Congrats to Harris and his family on their new home. And a nice reminder for the rest of us in Harlem, if you’re rich and famous, you can pretty much get what your little heart desires in Harlem or anywhere in the City.

Sign says apartments for rent at 2126 Frederick Douglass Blvd in Harlem

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There is signage up at the recently renovated Harlem building located at 2126 Frederick Douglass Blvd. that says apartments for rent by CitiHabitats. When I went to the website to view the listing, I only saw 5 Harlem apartments listed and get ready for this…the apartments listed range from $4700 for a 4 bedroom/2bath to $4000 for a 3 bedroom/2 bath.

I find that rent to be pricey however, this part of Harlem has experienced the most growth in the last couple of years, it’s known as Harlem’s restaurant row and its nestled between two big parks, ie Central Park North and Morningside Park. If I had to bet, my guess is CitiHabitats will probably get the rent they are asking. What do you think? Is the rent reasonable for these Harlem apartments or “too damn high” as the saying goes?

To view the listings of rental apartments at 2126 FDB in Harlem, go here.
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Mixed use building going up at 2272 Frederick Douglass Blvd in Harlem

A residential building with street front commercial space is finally being built at 2270 and 2272 Frederick Douglass Blvd in Harlem. I use the word finally because this area in Harlem, which was once an abandon lot, construction had started a few years ago and then suddenly stopped-probably due to the 2008 financial crisis is my guess. Now its clear from the scaffolding and signage at the corner of 120th Street and FDB, construction work is well underway.

According to signage on the construction site, the building will have 8 floors and consist of 41 units. PropertyShark states 36 of the 41 units will be residential units. No word on whether this building will be condo or rental! So stay tuned.

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Yankee baseball player makes Harlem his home, Ichiro Suzuki catches 111 Central Park North

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Several news outlets are reporting that Ichiro Suzuki, an outfielder for the Yankees, hit a home run in the rental market by renting an apartment at 111 Central Park North in Harlem. According to SportsGrid.com, Suzuki “is on the cutting edge [by moving to Harlem]. Everyone in New York knows that Harlem is the new Williamsburg.”

8571977Curbed.com, The Real Deal and Business Insider all say that Suzuki is paying $23,500 a month for his new swanky pad that overlooks Central Park, not to mention he cut time off his commuting. Harlem is much closer to Yankee Stadium. The Yankee baseball player was living on the Upper Eastside prior to moving to Harlem.

The best part of this story is that the Japanese-born professional baseball player reportedly beat out Derek Jeter and A-Rod, who were considering buying the same place for a cool $9 million. Ahh, ya gotta love competition on and off the field!