Duplex with Garden
107 W 131st Street New York, Manhattan, NY 10027
For Sale
$2,000,000
Owner’s residence features hardwood floors, oversized windows, a gourmet kitchen, and a top-floor primary suite.
Property Size2,888 SF
Days on Market254
Property Features for 107 W 131st Street New York
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Keller Williams NY Realty
Listed By:
Clayton Jeffrey
(914) 879-4549
Source:
Serhant
Added: Feb 27
Changed: Oct 31
Last Checked: Nov 6 at 2:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams NY Realty
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Investment Insights
Based on property information with market context.
Built in 1910, this duplex property includes a spacious three-bedroom, 2.5-bath owner’s residence spanning the upper floors and a garden-level one-bedroom apartment. The owner’s residence features soaring ceilings, hardwood floors, oversized windows, a gourmet kitchen with stainless steel appliances and a center island, and a top-floor primary suite with an en-suite bath, jacuzzi tub, and separate shower. Laundry is conveniently located on the top level.
The garden-level apartment has direct access to a private backyard and can accommodate guests, extended family, or rental income. The property is located at 107 W 131st Street in New York’s Manhattan borough, steps from public transportation serving the 2, 3, A, B, and C subway lines. Harlem cultural landmarks, restaurants, cafés, and parks are nearby.
The garden-level apartment has direct access to a private backyard and can accommodate guests, extended family, or rental income. The property is located at 107 W 131st Street in New York’s Manhattan borough, steps from public transportation serving the 2, 3, A, B, and C subway lines. Harlem cultural landmarks, restaurants, cafés, and parks are nearby.
Key Highlights
- Three‑bedroom, 2.5‑bath owner’s residence spanning the upper floors
- Garden‑level one‑bedroom apartment with direct access to a private backyard
- Top‑floor primary suite with en‑suite bath, jacuzzi tub, and separate shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,740
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,954,800
$2.0M
Cap Rate 7%
$1,396,286
$1.4M
Cap Rate 9%
$1,086,000
$1.1M
Market Conditions
NOI Build-Up for 2,888 SF
Gross rent
$147.3K $51.00/SF
− Vacancy
−$7.7K −$2.65/SF
EGI
$139.6K $48.35/SF
− OpEx
−$41.9K −$14.50/SF
NOI
$97.7K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,954,800
Cap Rate 7%
$1,396,286
Cap Rate 9%
$1,086,000
Alternative Uses
Best Use
Multifamily LT 5
$1.40M
$1.22M – $1.63M
NOI $97,740 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,358 @ 7.0% cap · market cap 4.52%
Theoretical Best
Specialty Retail
$7.19M
$6.29M – $8.39M
NOI $503,205 @ 7.0% cap · market cap 25.16%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
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Location Intelligence
Trade Area within ½ mile
2,126
Businesses Nearby
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Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in New York County, NY
Properties on Market for Duplexes in New York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Owner’s residence features hardwood floors, oversized windows, a gourmet kitchen, and a top-floor primary suite.
Where is this duplex located?
The property is located at 107 W 131st Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Three‑bedroom, 2.5‑bath owner’s residence spanning the upper floors; Garden‑level one‑bedroom apartment with direct access to a private backyard; Top‑floor primary suite with en‑suite bath, jacuzzi tub, and separate shower
