140 W 132nd Street, Manhattan, NY 10027
140 W 132nd Street, Manhattan, NY 10027
140 W 132nd Street, Manhattan, NY 10027
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Listing Courtesy of Compass
$2,600,000
Est. payment /mo
5 Beds
4 Baths
3,780 SqFt
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Key Details

Property Type Multi Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $687

Subdivision Central Harlem

MLS Listing ID RLS20059180

Style Walk-Up

Bedrooms 5

Full Baths 4

HOA Y/N Yes

Year Built 2001

Annual Tax Amount $14,736

Property Sub-Type Triplex

Property Description

Own a piece of Central Harlem for close to the cost of renting. 140 West 132nd Street is a free-market, three-unit townhouse on one of Harlem's most coveted landmarked blocks, set up so you can live in the sun-filled owner's duplex while two rental units help carry the mortgage. Ask about the 3-2-1 rate buydown and flexible financing that can bring year-one ownership costs in line with neighborhood rents.

All three units are free-market with no rent-stabilization risk, giving investors and end-users rare flexibility: occupy one unit and rent the rest, hold all three for income, or grow into the whole house over time.

The Owner's Duplex: Garden & Parlor (3 BR/2 BA).Three generous bedrooms (room for king- and queen-sized beds), two full baths, refinished hardwood floors, an open kitchen with stainless appliances, in-unit laundry, and direct access to a private rear yard and basement. A true owner's residence with outdoor space, a rarity at this price point in Harlem.

Unit #2: One Bedroom. A spacious bedroom with abundant closet space and oversized windows that fill the home with natural light. Updated appliances.

Unit #3: One-Bedroom. Fully renovated with refinished hardwood floors and a bright, modern layout.

Built-In Upside & Flexibility:
In-place rents sit below market, leaving clear room to grow income as units turn. Longer term, the property's footprint supports a recombination into a grand single-family townhouse, a sought-after move on Harlem's landmarked blocks, or other conversions (subject to applicable Landmarks and DOB approvals). Its location within a protected historic district of roughly 164 row houses is itself a long-term floor on value: this block can't be overbuilt.

Property Highlights:
- New Andersen double-pane windows throughout (dramatically reduced outside noise)
- Units #1 and #3 renovated within the last 3 years; appliances updated in Unit #2
- Brand new sump pump and 100-gallon water tank
- Annual boiler service and Maintenance
- Roof re-tarred in 2010, repainted recently, on a regular 7-year Maintenance cycle
- Video intercom in all units and security cameras throughout
- Upside in rental income.
- Landmarked Property

The location of this building is in prime Harlem, with immediate access to retail, community, and the neighborhood's history. In the area, you'll have access to many cafes, restaurants, and transportation, including the 2/3 subway lines, as well as Harlem's vibrant culinary scene. Enjoy destinations like Red Rooster, Renaissance Harlem, Ponty Bistro, Maison Harlem, and Lido, each reflecting the spirit of Harlem's creative renaissance.

Location

State NY

County New York

Interior

Heating Baseboard

Cooling Other, Wall Unit(s)

Flooring Hardwood

Furnishings Unfurnished

Fireplace No

Laundry Common On Floor, Common Area, In Unit

Exterior

Exterior Feature Building Garden, Private Outdoor Space Over 60 Sqft

View Y/N No

Private Pool No

Building

Dwelling Type Townhouse,Triplex

Story 3

New Construction No

Others

Tax ID 1916-0149

Ownership None

Monthly Total Fees $1, 228

Pets Allowed Building No, No


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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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