Multifamily Building in
For Sale
$6,500,000
188 Saint Nicholas Avenue, New York, NY 10026
42-unit multifamily building with upside potential through renovations.
Property Size64,058 SF
Price / SF$101,562
Days on Market336
Property Features for 188 Saint Nicholas Avenue
General Information
Standard status
Active
Size
64,058 SF
Property subtype
Multifamily
Building Details
Building Size
64,058 SF
Year Built
1920
Listing Agency:
Lee & Associates | New York City
(201) 615-8557
Listed By:
Chris Varjan · License #10401285671
(201) 615-8557
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Aug 11 at 6:44AM
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 Lee & Associates | New York City
Investment Insights
Based on property information with market context.
The multifamily building at 188 Saint Nicholas Avenue, located at the corner of St. Nicholas Avenue and West 120th Street, comprises 42 residential units. Approximately 33% of the units are free market, while the remaining 67% are subject to rent regulation. This property offers the opportunity to acquire a cash-flowing asset with potential for short-term upside through unit renovations and long-term rental appreciation in the Harlem market.
Key Highlights
- Stable cash‑flowing asset.
- Upside potential through unit renovations.
- Long‑term rental appreciation potential in the Harlem market.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 10026, NY
35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
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?
Apartment building - 42-unit multifamily building with upside potential through renovations.
Where is this apartment building located?
The property is located at 188 Saint Nicholas Avenue New York, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Stable cash‑flowing asset.; Upside potential through unit renovations.; Long‑term rental appreciation potential in the Harlem market.
