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Full-Floor Residential Income Property

141 W 126TH Street 4A, Manhattan, NY 10027

For Sale
$999,000

Rented full-floor residence with two bedrooms, two baths, a terrace, and modernized interior finishes.

Property Size1,124 SF
Price / SF$888.79
Days on Market181

Property Features for 141 W 126TH Street 4A

General Information

Standard status Active
Size 1,124 SF
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,012

Amenities

terrace
balcony
marble tile bathrooms
deep soaking tub
rain shower
recessed lighting
central AC
central heating
hardwood floors
in-unit washer and dryer
private storage room
high-end appliances

Building Details

Building Size 1,124 SF
Year Built 1910
Year Renovated 2015
Construction brownstone
Listing Agency: Douglas Elliman Real Estate
Listed By: Jessica E Levine · License NY #10301201005
Source: Miradorrealestate
Added: May 13 Changed: Nov 7 Last Checked: Nov 8 at 2:34PM

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 Douglas Elliman Real Estate

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Investment Insights

Based on property information with market context.

Apartment 4A is a full-floor residential income property in a pre-war brownstone, offering 1124 SF with two bedrooms and two baths. The residence was renovated in 2015 and includes an open living and dining area, hardwood floors, recessed lighting, central AC and heating, and an in-unit washer and dryer. A private terrace, balcony access from both bedrooms, and a storage room add functional outdoor and supplemental space.

The property is located on West 126th Street in Harlem, near shopping on 125th Street, Trader Joe’s, Target, Whole Foods Market, restaurants along Lenox Avenue, Marcus Garvey Park, and the 2/3 express train. The residence is currently rented and offered for investors only.

Key Highlights

  • 1124 SF full‑floor apartment with two bedrooms and two baths
  • Renovated in 2015 within a pre‑war brownstone built in 1910
  • Private terrace and balcony access from both bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,167
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,340 $703.3K
Cap Rate 7%
$502,386 $502.4K
Cap Rate 9%
$390,744 $390.7K
Market Conditions
NOI Build-Up for 1,124 SF
Gross rent
$67.3K $59.88/SF
− Vacancy
−$3.4K −$2.99/SF
EGI
$63.9K $56.89/SF
− OpEx
−$28.8K −$25.60/SF
NOI
$35.2K $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%
$703,340
Cap Rate 7%
$502,386
Cap Rate 9%
$390,744

Alternative Uses

Best Use
Apartment 5plus
$502.4K
$439.6K – $586.1K (±1% cap)
NOI $35,167 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.8K
$687.6K – $916.8K (±1% cap)
NOI $55,007 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1
Residential units
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Rented full-floor residence with two bedrooms, two baths, a terrace, and modernized interior finishes.
Where is this residential income property located?
The property is located at 141 W 126TH Street 4A Manhattan, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1124 SF full‑floor apartment with two bedrooms and two baths; Renovated in 2015 within a pre‑war brownstone built in 1910; Private terrace and balcony access from both bedrooms
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