CSC Coliving Acquires Church In Central Harlem For $10.85M

The Roman Catholic Church of Saint Charles Borromeo & All Saints has sold a church building located at 41 East 129th Street in Central Harlem. The buyer of the property is CSC Coliving. The sale price for the church property was $10,850,000. The building has a total square footage of 48,121, with a price per square foot of $225. The buyer will have a buildable square footage of 89,528, with a price per buildable square foot of $121. The church building is situated on a lot spanning 22,390 square feet with dimensions of 199.83 ft x 135. The zoning for the property is R7A and R7B, with a floor area ratio (FAR) of 2.15. The transaction took place on April 23, 2021. Additionally, an alteration permit of type 2 was issued for the property on May 31, 2013.

Summary of transaction details

• Property Type: Church
• Transaction Amount: $10,850,000
• Market: Central Harlem
• Zoning: R7A, R7B
• Square Footage: 48,121
• Price per Square Foot: $225
• Buildable Square Footage: 89,528
• Price per Buildable Square Foot: $121
• Lot Size: 22,390 square feet
• Lot Dimensions: 199.83 ft x 135

CSC Coliving, represented by their broker, is the buyer of the church property located on 41 East 129th Street in Central Harlem. The Roman Catholic Church of Saint Charles Borromeo & All Saints served as the seller in this transaction. The church property holds significant potential for the buyer, with a buildable square footage of 89,528 and a favorable location in Central Harlem. The transaction marks a successful deal between the buyer and seller, contributing to the real estate market in the area.