Duplex with Garden
For Sale
$2,000,000
107 W 131st Street New York, Manhattan, NY 10027
Owner’s residence features hardwood floors, oversized windows, a gourmet kitchen, and a top-floor primary suite.
Property Size2,888 SF
Days on Market159
Property Features for 107 W 131st Street New York
General Information
Standard status
Active
Size
2,888 SF
Property subtype
Duplex
Building Details
Building Size
2,888 SF
Year Built
1910
Tenancy
Multi
Listing Agency:
Keller Williams NY Realty
(914) 879-4549
Listed By:
Clayton Jeffrey
Source:
Serhant
Added: Feb 27
Changed: Jul 31
Last Checked: Aug 4 at 9:09AM
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
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $147.3k | $51.00 |
| − Vacancy | −$7.7k | −$2.65 |
| EGI | $139.6k | $48.35 |
| − OpEx | −$41.9k | −$14.50 |
| NOI | $97.7k | $33.84 |
2,888 SF · lease $51.00/SF/yr · vacancy 5.20% · expense 30.00%
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.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,243
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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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
