Duplex Property With Rooming House
For Sale
$1,400,000
158 W 130th Street New York, Manhattan, NY 10027
Property records indicate a former two-unit residence with a subsequent rooming-house configuration.
Property Size1,873 SF
Days on Market275
Property Features for 158 W 130th Street New York
General Information
Standard status
Active
Size
1,873 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$27,911
Building Details
Building Size
1,873 SF
Year Built
1910
Listing Agency:
REALHome Services & Solutions
Listed By:
Neven Spralja · License #10311209656
(949) 315-3946
Source:
Serhant
Added: Dec 23, 2025
Changed: Sep 12
Last Checked: Sep 22 at 9:17PM
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 REALHome Services & Solutions
Investment Insights
Based on property information with market context.
Built in 1910, this duplex property was originally configured as a two-unit residence and was later converted into an 11-room rooming house. The property is offered in its existing condition, with buyers responsible for independently reviewing zoning classification, building class, violations, municipal records, taxes, and related property information.
The property is located at 158 W 130th Street in New York, Manhattan, New York 10027.
The property is located at 158 W 130th Street in New York, Manhattan, New York 10027.
Key Highlights
- Originally configured as a 2‑unit residence
- Subsequently converted into an 11‑room rooming house
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,389
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,267,780
$1.3M
Cap Rate 7%
$905,557
$905.6K
Cap Rate 9%
$704,322
$704.3K
Market Conditions
NOI Build-Up for 1,873 SF
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.
Gross rent
$95.5K $51.00/SF
− Vacancy
−$5.0K −$2.65/SF
EGI
$90.6K $48.35/SF
− OpEx
−$27.2K −$14.50/SF
NOI
$63.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,267,780
Cap Rate 7%
$905,557
Cap Rate 9%
$704,322
Alternative Uses
Best Use
Multifamily LT 5
$905.6K
$792.4K – $1.06M
NOI $63,389 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$837.2K
$732.5K – $976.7K
NOI $58,601 @ 7.0% cap · market cap 4.19%
Theoretical Best
Specialty Retail
$4.66M
$4.08M – $5.44M
NOI $326,352 @ 7.0% cap · market cap 23.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
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
Check the figures for this property
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?
Duplex - Property records indicate a former two-unit residence with a subsequent rooming-house configuration.
Where is this duplex located?
The property is located at 158 W 130th Street New York Manhattan, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Originally configured as a 2‑unit residence; Subsequently converted into an 11‑room rooming house; Built in 1910
