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Full-Floor Residential Income Property

141 W 126th Street 3A, Manhattan, NY 10027

For Sale
$1,100,000

Two-bedroom residence with private outdoor space, modern finishes, and central HVAC.

Property Size1,123 SF
Days on Market143

Property Features for 141 W 126th Street 3A

General Information

Standard status Active
Size 1,123 SF
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $10,601

Amenities

central HVAC
decorative fireplace
private balcony
private storage room

Building Details

Building Size 1,123 SF
Year Built 1910
Construction pre-war brownstone
Listing Agency: Compass
Listed By: John R McGuinness
Source: Serhant
Added: Jun 20 Changed: Nov 9 Last Checked: Nov 8 at 2:44PM

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 Compass

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Investment Insights

Based on property information with market context.

Residence 3A occupies an entire floor within a pre-war brownstone and includes two bedrooms and two bathrooms. The loft-style interior combines living, dining, and kitchen areas in an open layout, with exposed brick, a decorative fireplace, custom cabinetry, premium appliances, and central HVAC. Three south-facing windows bring natural light into the main living space, while both bedrooms are positioned toward the rear and connect to a private balcony overlooking rear gardens.

The bathrooms feature marble tile, a deep soaking tub, and an oversized rain shower. A dedicated basement storage room is included with the sale. The property is situated in Central Harlem near multiple subway lines, the Apollo Theater, the Studio Museum in Harlem, Red Rooster, Sylvia’s Restaurant, Whole Foods, Trader Joe’s, and additional dining and cultural destinations.

Key Highlights

  • Full‑floor layout with 2 bedrooms and 2 bathrooms
  • Three oversized south‑facing windows with open views
  • Private balcony overlooking rear gardens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,136
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,720 $702.7K
Cap Rate 7%
$501,943 $501.9K
Cap Rate 9%
$390,400 $390.4K
Market Conditions
NOI Build-Up for 1,123 SF
Gross rent
$67.2K $59.88/SF
− Vacancy
−$3.4K −$2.99/SF
EGI
$63.9K $56.89/SF
− OpEx
−$28.7K −$25.60/SF
NOI
$35.1K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,720
Cap Rate 7%
$501,943
Cap Rate 9%
$390,400

Alternative Uses

Best Use
Apartment 5plus
$501.9K
$439.2K – $585.6K (±1% cap)
NOI $35,136 @ 7.0% cap · market cap 3.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.1K
$687.0K – $916.0K (±1% cap)
NOI $54,958 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

9,349
Businesses Nearby

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

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom residence with private outdoor space, modern finishes, and central HVAC.
Where is this residential income property located?
The property is located at 141 W 126th Street 3A Manhattan, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Full‑floor layout with 2 bedrooms and 2 bathrooms; Three oversized south‑facing windows with open views; Private balcony overlooking rear gardens
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Includes: Price & PSF · Cap rate · Location · Zoning

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