$3,200,000
Updated 2 years ago
Off Market

151 West 129th Street

Harlem, Manhattan | Lenox Ave & Adam Clayton Powell Blvd

14 Rooms7 Beds4.5 Baths5,200 Square FeetMulti-Family

$3,200,000
floors / apts4 / 3
Lot Size25'x100'
Built Size25'x52'
ZoneR7-2
Building TypeTownhouse
RE Taxes$11,100
Price Per SF
$615

Outdoor space and views

  • Backyard [25'x49']
  • Patio [16'x13']

Building Amenities

  • Voice Intercom
  • Roof Deck

Property Description for 151 West 129th Street

A grand 4-window-wide brownstone with 5,200sf of living space, and located on a beautiful tree-lined block. A pristine investment opportunity in central Harlem. Built in 2000 at 25 feet wide and 4 stories tall with a full height basement and a 49 foot deep garden. This property has been lovingly maintained by its owner since built. The new owner will be handed a solid, worry-free investment. All units are free market with all leases expiring in November, giving the new owner the opportunity to adjust the income to market values. Unit 1 has 3 bedrooms/Flex 4br, 2 full baths, 1 half bath, side by side washer/dryer, large kitchen, dining room and living room. Access the garden and the full basement from this unit. The top 2 units each have 2 bedrooms/flex 3br, 1 full bath and a large living room/dining room spanning the full width of the building, and an open kitchen. Every unit has an abundance of closet and spacious rooms with king-sized bedrooms and space for a home office. Live in the first floor duplex and receive income from the other two units, or rent the entire building for maximum income. Minimal operating expenses as the current owner installed solar panels on the roof to run all common electricity needs, with room left over to add a roof deck. Rear garden is virtually staged in the photos Projected rental income: Unit 1: 3 br/2.5 bath duplex with garden: $6,250 Unit 2: 2 br/1 bath: $3,000 Unit 3: 2 br/1 bath: $3,000

Listing History for 151 West 129th Street

Now
11/19/2024
TOM by John Barbato
Compass
06/13/2024
$3,200,000
Initial Price by John Barbato
Compass

Building Details for 151 West 129th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2000
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.23 miles
135 St
0.31 miles
125 St
0.39 miles
135 St
0.49 miles

Citi Bike

Lenox Ave & W 130 St
0.1 miles
Adam Clayton Powell Blvd & W 130 St
0.11 miles

Contact Agents

Contact Agents

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: 96400TH