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Renovated Two-Family Brownstone

162 W 136TH Street, Manhattan, NY 10030

For Sale
$2,450,000

A separate garden-level one-bedroom apartment complements the owner's triplex, with private outdoor space and a finished cellar.

Property Size4,000 SF
Price / SF$612.50
Days on Market210

Property Features for 162 W 136TH Street

General Information

Standard status Active
Size 4,000 SF
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $17,592

Amenities

central air conditioning
camera system
in-ceiling speakers
private patio
finished backyard
finished cellar
laundry room

Building Details

Building Size 4,000 SF
Year Built 1921
Buildings 1
Stories 4
Construction brownstone
Listing Agency: Corcoran Group
Listed By: Meyer Ohana
Source: Dallien
Added: Apr 14 Changed: Nov 8 Last Checked: Nov 8 at 6:22PM

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 Corcoran Group

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Investment Insights

Based on property information with market context.

Built in 1921, this 4,000-square-foot, four-story brownstone is configured as two residences: an owner's triplex and a separate garden-level apartment with one bedroom. The upper residence includes four additional bedrooms, a finished cellar, and a renovated chef's kitchen with Miele appliances. Central air conditioning and heating serve the property, and a camera system is also installed. The garden-level unit has its own entrance, an open kitchen, stainless steel appliances, and a stackable washer and dryer.

Outdoor areas include a patio and a finished backyard. The building's sandstone facade has been restored, and interior finishes include marble flooring and counters, oak flooring, and recessed lighting. A separate laundry room serves the upper floors.

Key Highlights

  • Two‑family configuration with an owner's triplex and separate one‑bedroom garden‑level apartment
  • 4,000 square feet across four stories; built in 1921
  • Miele‑equipped kitchen in the owner's residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$135,374
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,707,480 $2.7M
Cap Rate 7%
$1,933,914 $1.9M
Cap Rate 9%
$1,504,156 $1.5M
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$204.0K $51.00/SF
− Vacancy
−$10.6K −$2.65/SF
EGI
$193.4K $48.35/SF
− OpEx
−$58.0K −$14.50/SF
NOI
$135.4K $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%
$2,707,480
Cap Rate 7%
$1,933,914
Cap Rate 9%
$1,504,156

Alternative Uses

Best Use
Multifamily LT 5
$1.93M
$1.69M – $2.26M (±1% cap)
NOI $135,374 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$1.79M
$1.56M – $2.09M (±1% cap)
NOI $125,149 @ 7.0% cap · market cap 5.11%
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M (±1% cap)
NOI $195,754 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,506
Businesses Nearby

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

Market

Average Price Trend$/SF for Duplexes in New York County, NY

$1,239 Jul
$1,249 Aug
$1,011 Sep
$839 Oct

Properties on Market for Duplexes in New York County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A separate garden-level one-bedroom apartment complements the owner's triplex, with private outdoor space and a finished cellar.
Where is this duplex located?
The property is located at 162 W 136TH Street Manhattan, NY.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Two‑family configuration with an owner's triplex and separate one‑bedroom garden‑level apartment; 4,000 square feet across four stories; built in 1921; Miele‑equipped kitchen in the owner's residence
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