Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
58 W 129th Street #COMMERCIAL
Closed For Sale Condop

Price Upon Request

$0 per sq ft

58 W 129th Street #COMMERCIAL

Harlem, Manhattan

Uptown 58

MLS® #RLS10091035

RLS at REBNY

Listing by Retail - NYC

Studio

0

Bath

2,375

Sq. Ft.

2014

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 2,375 sq ft
Year Built 2014
Ownership Condop
Neighborhood Harlem
Floor 99 of 7

Property Highlights

  • New Construction: Brand new building

Property Details

Type Condop
Ownership Condop
Baths null Full
Floor 99 of 7
Pets Yes
Cross Street Lenox Avenue
Year Built 2014 (New)
Living Area 2,375 sq ft

Listing History

Event Date Price Change
Listed Sep 11, 2015 $1,580,000 -
Currently May 15, 2026 $0 -100.0%

Description

.Commercial condo with 2,375 square feet of space on the ground level
.Located at the base of Uptown58, a new luxury condominium in Harlem
.Restricted to community facility uses only
.Triple net (NNN) lease in place with The National Jazz Museum in Harlem, an organization founded in 1997
.421A Tax Abatement in place until June 2030
.Close proximity to Harlem Hospital and the Lenox Avenue retail/restaurant corridor
.Centrally located four blocks from the 2 and 3 train stop at 125th Street & Lenox Avenue, six block from the Metro North Railroad 125th Street Station

SPACE / SIZEGround Level - Approx. 2,375 SF
TENANTThe National Jazz Museum in Harlem
TYPE OF LEASETriple Net (NNN)
LEASE TERMFive (5) Years
RENT ESCALATIONTwo (2) percent per annum

INCOME

Annual Base Rent ($40 psf)
$95,000.00

EXPENSES

Projected Annual Common Charges $11,023.00
Projected Annual R. E. Taxes With 421-A$5,650.00
Total Expenses $16,673.00
ASKING PRICE (6% CAP RATE) $1,580,000.00

Building Information

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and storied jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is wide-ranging, featuring beautifully restored brownstones, value-driven HDFC cooperatives, and a growing number of modern luxury condominiums that offer contemporary amenities in a historic setting.

Harlem Live Market Data

View Neighborhood

Active Listings

77

Median Asking Price

$900K

Median $/Sqft

$878

Avg Days on Market

N/A

New This Week

5

Price Reduced

27%

Sold (30 Days)

0

Median Sale Price

N/A

Live data from RLS at REBNY • Updated 5/14/26, 9:44 PM EST

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Location

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58 W 129th Street #COMMERCIAL, Harlem, New York County • Near Lenox Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
1
Residential Units
R3-2
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $42,180
Land Value: $8,160
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,377 SF
Building Area: 1,200 SF
Built FAR: 0.5
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 0 full bathrooms.

The listed interior living area is 2,375 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2014, making it approximately 12 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10091035
First Listed: 9/11/2015
Price Changed: 2/27/2017
Closed: 5/3/2016
Contract Date: 9/10/2015

Listing Courtesy of Retail - NYC - Faith Hope Consolo

Listing Contact: (212) 418-2000

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/15/2026 at 1:44 AM UTC

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