135 West 136th Street
West Harlem, NYC
$2,600,000 Price
5 Bedrooms   4.5 Baths

135 West 136th Street, West Harlem, NYC

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. It features 3,552 sq. ft. of interior space, including a finished 888 sq. ft....

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. It features 3,552 sq. ft. of interior space, including a finished 888 sq. ft. basement with a bathroom. The triplex includes three bedrooms, two bathrooms, and an open kitchen, with high ceilings and central AC in each unit. The basement can serve as an art studio, office, or recreation room. Located on a beautiful tree-lined street, the property is near the 2/3, A/B/C trains, and several bus routes, providing easy access to Midtown. Positioned in a rapidly appreciating market, it offers great future value potential. 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

Courtesy of Nest Seekers LLC

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
West Harlem, NYC
Type:
Price: $2,600,000
Date Listed: 3/15/2025
Last Updated: 3/17/2025
Web ID: 1108703097

Info & Amenities

Rooms: 8.0
Bedrooms: 5
Full Bathrooms: 4
Half Bathrooms: 1
Built: 1910
Pets allowed: Yes

Map of Area for 135 West 136th Street

Get to Know Harlem

Located in Upper Manhattan, Harlem is a vibrant, historic New York neighborhood bounded by Central Park, East Harlem, Washington Heights, and Morningside Heights. Renowned for its rich array of shopping, dining, cultural, and entertainment offerings, the neighborhood is one of Manhattan's most well-known. Here, you can find everything from trendy eateries and nightclubs to theaters and jazz clubs that have had an indelible impact on New York City's history and culture.

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