309 West 138th Street
309 West 138th Street New York, New York, 10030 United States

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About 309 West 138th Street

Deal Fell Through
Back on the Market!
Investment opportunity in the heart of Harlem, just a stone's throw from Strivers' Row.

Located on a beautiful, tree-lined block, this 1889 townhouse features five free-market units with original details preserved throughout. Owned by the same family for over 100 years, 309 West 138th Street now offers an opportunity to own a piece of Harlem, one of Manhattan's hottest rental markets.

309 West 138th Street is ideally situated among Harlem's many parks and restaurants, with easy access to the B/C and 2/3 trains at 135th Street. Close to City College, Columbia University, and major retailers along 125th Street.

This property is a legal 5-family building (not an SRO).

Unit 1: Studio/1 BA, at $1,700 month-to-month
Unit 2: 1 BD/1 BA, at $1,760 month-to-month
Unit 3: Studio/1 BA, at $1,650 month-to-month
Unit 4: Studio/1 BA, at $1,620 month-to-month
Unit 5: 2 BD/1 BA, at $2,520 w/lease expiring September 30, 2021

Lot: 17.5' x 99.92'
Building: 17.5' x 51'
FAR: as-built 1.56, max 3.44
Zoning: R7-2
Tax Class: 2A

Rent Roll: $111,000 annual
Expenses: $24,019 annual
NOI: $86,891 annual

Cap Rate: 4%
Listing Provided by Bruce Mishell, Compass, REBNY
Year Built
Full Baths
3,636 Sq Ft.
Multi Family Townhouse
Property Type
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MLS / Web ID


This Central Harlem, New York Multi Family Townhouse is for Sale at $2,200,000 USD and has 6 bedrooms, 6 Full Baths, and was built in 1889. The Multi Family Townhouse is in zipcode 10030 (New York) and it boasts 3,636 Sq.Ft. of interior space . Nearby neighborhoods include: West Harlem, Manhattanville, Upper Manhattan, Central Harlem, Mott Haven, Harlem, Mount Morris Park, Marcus Garvey, Hamilton Heights and Sugar Hill. See all properties in zipcode 10030.
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Listing Provided by Bruce Mishell, Compass
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