$2,895,000
Updated 5 years ago
Sold

253 West 138th Street

Harlem, Manhattan | Seventh Ave & Frederick Douglass Blvd

10 Rooms6 Beds6 Baths5,160 Square FeetIncome Property

$2,895,000
floors / apts3 / 6
Lot Size20'x99'9"
Built Size20'x56'
ZoneR7-2
Building TypeTownhouse
RE Taxes$4,702
Price Per SF
$561

This property was sold for $2,650,000 on 08/04/21.

Listing Features

  • Original Details
  • Oversized Windows

Outdoor space and views

  • Backyard
  • Patio
  • Garden Views

Building Amenities

  • Voice Intercom
  • Backyard
  • Driveway
  • Garden

Property Description for 253 West 138th Street

Welcome to 253 West 138th Street, a 20 foot wide Georgian-style townhouse ideally located in the heart of the St. Nicholas Historic District, also known as Strivers' Row. Very rarely do corner, triple-exposure homes come to market on the renowned block, frequently referred to as the best block in Harlem. This colonial revival style home was designed by the late Bruce Price and Clarence S. Luce in 1891. The turn of the century townhouse is currently positioned as a multi-family asset. It consists of five free market rentals with two studios, two one-bedrooms and one two bedroom, all of which are currently held on flexible lease terms in order to accommodate future redevelopment opportunities. The home was recently renovated and benefits from all new systems throughout, but there is still long-term potential for a new owner to add value. This property is ideally located just a short walk from the 2/3 subway line on Lenox Avenue and the C and B subway lines on Saint Nicholas Avenue, offering you the opportunity to access Midtown Manhattan effortlessly. In the heart of central Harlem, Strivers' Row remains as one of the most desirable places to purchase uptown. This property benefits from its proximity to major academic institutions, such as Columbia University and its Manhattanville Expansion Project and City College of New York. Inquire for investor set up. Please verify square footage with architect. This is a co-listing with B6 Real Estate Advisors.

Listing History for 253 West 138th Street

Now
08/04/2021
$2,650,000
Sold and Closed by Ian Slater
Compass
01/12/2021
$2,895,000 [-$100,000] [3.3%]
Price Drop by Ian Slater
Compass

Building Details for 253 West 138th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1893
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

135 St
0.21 miles
135 St
0.3 miles
145 St
0.43 miles
145 St
0.47 miles

Citi Bike

Frederick Douglass Blvd & W 139 St
0.09 miles
Adam Clayton Powell Blvd & W 138 St
0.1 miles

Co-exclusive agents

Co-exclusive agents

Ian Slater
Compass
Brendan Cohen
B6 Real Estate Advisors

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 36104TH