Manhattan, NY 10030,135 W 136th Street
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Manhattan, NY 10030,135 W 136th Street
Manhattan, NY 10030,135 W 136th Street
Manhattan, NY 10030,135 W 136th Street
Manhattan, NY 10030,135 W 136th Street
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Listing Courtesy of Nest Seekers LLC
$ 2,250,000
Est. payment /mo
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135 W 136th Street Manhattan, NY 10030

5 Beds

5 Baths

3,552 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $633

Subdivision West Harlem

MLS Listing ID RLS20038290

Style Prewar,Walk-Up

Bedrooms 5

HOA Y/N No

Year Built 1910

Annual Tax Amount $5,941

Property Sub-Type Multi Family

Property Description

This three-family townhouse in Central Harlem offers an excellent investment opportunity at 4% Cap rate or the potential for conversion into a single-family home. Currently fully leased and 100% free-market.
Please email me for Set up for details:
Gross interior square footage is 3,552, including an 888 sq. ft. finished basement below the stoop entry and a half bathroom. The building features gloriously high ceilings and spacious rooms with central AC control for each unit.
This townhouse is located on a charming tree-lined street in Central Harlem. It presents an excellent investment opportunity or could be transformed into a stunning single-family home.
Located on a beautiful tree-lined street, the property is near the 2/3, A/B/C trains, and several bus routes, M1, M2, M7, and M102 providing easy access to Midtown. Positioned in a rapidly appreciating market, it offers great future value potential.
Upon arrival, you'll be welcomed by an elegant 1910 facade and an inviting front stoop.
The triplex includes three spacious bedrooms, two bathrooms, and an open kitchen. You'll find a bright and sunny dining room on the first floor. The living room flows effortlessly into the outdoor garden, making it ideal for entertaining or enjoying peaceful relaxation. Additionally, there is a full-sized washer and dryer, along with plenty of storage throughout the unit.
A newly finished basement with a bathroom is currently used as an art studio, but it can be converted into an office with ample storage or a recreation room. A basement window provides some natural light and fresh ventilation. Updated mechanicals, including a boiler tank, are in an adjoining utility room.
This home offers excellent value as properties continue to appreciate in this very desirable market. Around the block is the internationally celebrated Schomburg Center of the New York Public Library, a major hospital, local supermarkets, convenience stores, and Harlem's famous restaurant row. The neighborhood is known for its vibrant arts scene, including nearby theaters and galleries showcasing emerging and established artists. Residents can enjoy community events and festivals celebrating Harlem's rich history and diversity.
A diverse culinary scene also enriches the West 136th Street community experience. Residents can indulge in renowned eateries like Red Rooster, which is celebrated for its comfort food that honors the rich heritage of American cuisine, and Renaissance Harlem, which is known for its modern American dishes. Other notable restaurants include Ponty Bistro and Maison Harlem, offering delightful French cuisine, and Lido, which serves exquisite Italian fare.



Rent Roll
Status
Beds
Baths
Monthly
Annual


Duplex
FM
3
2
4,500
54,000


Triplex
FM
3
1
6,000
72,000


3F
FM
1
1
2,500
30,000


4F
FM
1
1
2,400
28,800


Total

5
5
15,400
112,800


Total with Triplex



130,800










Expenses




Annual


Real Estate Taxes
Actual

5,941


Insurance

Actual

5,157


Gas

Tenants pay




Water & Swer



2,500


Common Electric
Actual
35
420


Super

Actual
300
3,600


Total




17,618










Financial Summary






Net Operating Income


95,182


Projected Net Operating Income

113,182






Italic - projected

Location

State NY

County New York

Interior

Equipment Intercom

Fireplace No

Laundry See Remarks

Exterior

View Y/N No

Private Pool No

Building

Story 5

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $495

Pets Allowed Building Yes, Yes


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