Three-Unit Triplex with Owner’s
For Sale
$3,450,000
116 W 133rd Street, New York City, NY 10030
A four-level residence combines a vacant owner’s duplex with two free-market apartments and separate utility systems.
Property Size4,800 SF
Price / SF$718.75
Days on Market96
Property Features for 116 W 133rd Street
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$13,615
Building Details
Building Size
4,800 SF
Year Built
1910
Buildings
1
Stories
4
Listing Agency:
Nest Seekers LLC
Listed By:
Liang Li
(212) 252-8772
Source:
Carlinwright
Added: Jul 11
Changed: Oct 14
Last Checked: Oct 12 at 8:08PM
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 Nest Seekers LLC
Investment Insights
Based on property information with market context.
This 4,800-square-foot triplex spans four floors and includes a finished basement. The 20-foot-wide building occupies a 100-foot lot. Its configuration pairs an owner’s duplex, delivered vacant, with two free-market apartments. Each apartment has a separate meter and its own boiler.
The property is on West 133rd Street in Harlem, near St. Nicholas Park and within walking distance of shopping, restaurants, and cultural destinations.
The property is on West 133rd Street in Harlem, near St. Nicholas Park and within walking distance of shopping, restaurants, and cultural destinations.
Key Highlights
- 4,800‑square‑foot triplex with four floors and a finished basement
- Owner’s duplex delivered vacant, alongside two free‑market apartments
- 20‑foot‑wide building on a 100‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,449
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,248,980
$3.2M
Cap Rate 7%
$2,320,700
$2.3M
Cap Rate 9%
$1,804,989
$1.8M
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$244.8K $51.00/SF
− Vacancy
−$12.7K −$2.65/SF
EGI
$232.1K $48.35/SF
− OpEx
−$69.6K −$14.50/SF
NOI
$162.4K $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%
$3,248,980
Cap Rate 7%
$2,320,700
Cap Rate 9%
$1,804,989
Alternative Uses
Best Use
Multifamily LT 5
$2.32M
$2.03M – $2.71M
NOI $162,449 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$2.15M
$1.88M – $2.50M
NOI $150,179 @ 7.0% cap · market cap 4.35%
Theoretical Best
Specialty Retail
$11.95M
$10.45M – $13.94M
NOI $836,352 @ 7.0% cap · market cap 24.24%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
7,706
Businesses Nearby
Explore this area
Business Placement
Demographics for 10030, NY
29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - A four-level residence combines a vacant owner’s duplex with two free-market apartments and separate utility systems.
Where is this triplex located?
The property is located at 116 W 133rd Street New York City, NY.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 4,800‑square‑foot triplex with four floors and a finished basement; Owner’s duplex delivered vacant, alongside two free‑market apartments; 20‑foot‑wide building on a 100‑foot lot
