This three-family townhouse in Central Harlem offers an excellent investment opportunity over 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.
Active
Price cut: $350K (6/16)
$2,250,000
135 W 136th St, New York, NY 10030
5beds
3,552sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$633/sqft
$-- HOA
What's special
Natural lightArt studioOutdoor gardenNewly finished basementFull-sized washer and dryerOffice with ample storageUpdated mechanicals
- 81 days
- on Zillow |
- 140 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 02:50pm
Listing by:
Nest Seekers International 917-370-0394,
Krisha Park
Source: StreetEasy,MLS#: S1759788
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- Central Air
Appliances
- Included: Dishwasher, Washer/Dryer
- Laundry: Inside
Interior area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: City, Garden
Details
- Parcel number: 019210117
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Central Harlem
HOA
- Has HOA: Yes
- Amenities included: Laundry
- Services included: Maintenance
Location
- Region: New York
Financial & listing details
- Price per square foot: $633/sqft
- Tax assessed value: $2,281,000
- Annual tax amount: $5,940
- Date on market: 3/31/2025
- Loading
- Loading