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161A W 129th St
New York, NY 10027 Central Harlem

$1,995,000 USD

Multifamily For Sale  •  3,280 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,280 SF
  • Lot Size 0.05 AC
  • Year Built 2000
  • Cap Rate 5.16 %
  • Zoning R7-2
100 Transit Score
100 Walk Score

Highlights

Income-Producing Harlem 3-Family with Value-Add Upside
The subject property is a 19.75-foot-wide, three-story plus lower-level, 3,280 SF three-family townhouse
The building consists of a three bedroom/ two-bathroom duplex on the first floor and lower level, featuring access to a large rear garden
A one bedroom/one bathroom apartment on the second floor, and a one-bedroom/one-bathroom apartment on the top floor
Approx 3,500 SF of unused air rights, providing the opportunity for a rear extension and/or the addition of another floor
Ideally situated on the north side of West 129th Street between Lenox Avenue and Adam Clayton Powell Jr. Boulevard in Harlem

Property Flyers

Cap Rate: 5.16 %

Amenities

  • Cable Ready
  • Microwave
  • Washer/Dryer
  • Heating
  • Security System
  • Crown Molding
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Yard
  • Grill
  • Basement
  • Breakfast Nook
  • Garden
  • Island Kitchen
  • Mud Room
  • Pantry
  • Smoke Free

Public Transportation

Commuter RailDriveWalkDistance
Harlem-125th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 14 min 0.7 mi
Yankees-E 153rd Street Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 2.0 mi
Transit/SubwayDriveWalkDistance
125 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 1 min 7 min 0.3 mi
125 Street (A,B,C,D Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
135 Street (2,3 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
135 Street (A,B,C Line) (A - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Harlem-125th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 16 min - 6.8 mi
John F Kennedy International 30 min - 17.9 mi
Newark Liberty International 34 min - 19.3 mi
Robert Rappa 914-424-2314 Investment Property Realty Group
Robert Rappa 914-424-2314 Investment Property Realty Group