Two-Unit Duplex
New
For Sale
$2,099,000
165 W 126TH Street, New York City, NY 10027
The legal two-family residence includes private outdoor areas and a separate cellar.
Property Size3,430 SF
Price / SF$611.95
Days on Market5
Property Features for 165 W 126TH Street
General Information
Standard status
Active
Size
3,430 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$16,752
Building Details
Building Size
3,430 SF
Year Built
1910
Buildings
1
Construction
brownstone
Listing Agency:
Corcoran Group
Listed By:
Julia Boland · License #30BO1121740 (NY)
(917) 690-4861
Source:
Carlinwright
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 10:39PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1910 brownstone townhouse is configured as two duplex residences and will be delivered vacant. The 17-foot-wide property includes a garden-level and parlor-level home with a landscaped backyard, raised deck, pergola and garden-facing balcony. A separate upper duplex provides an additional residential unit. The full-height cellar has been renovated and includes a half bathroom, laundry equipment and storage; recent work includes waterproofing, a French drain and sump pump.
Located in Central Harlem, the property is near the A, B, C, D and 2, 3 subway lines. Trader Joe’s, Whole Foods Market and Target are on the same block, with Starbucks across the street. Nearby cultural destinations named in the property information include the Apollo Theater and The Studio Museum in Harlem.
Located in Central Harlem, the property is near the A, B, C, D and 2, 3 subway lines. Trader Joe’s, Whole Foods Market and Target are on the same block, with Starbucks across the street. Nearby cultural destinations named in the property information include the Apollo Theater and The Studio Museum in Harlem.
Key Highlights
- Legal two‑family townhouse arranged as two duplex residences
- 17‑foot‑wide brownstone, built in 1910
- Landscaped backyard, raised deck with pergola, and garden‑facing balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,084
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,321,680
$2.3M
Cap Rate 7%
$1,658,343
$1.7M
Cap Rate 9%
$1,289,822
$1.3M
Market Conditions
NOI Build-Up for 3,430 SF
Gross rent
$174.9K $51.00/SF
− Vacancy
−$9.1K −$2.65/SF
EGI
$165.8K $48.35/SF
− OpEx
−$49.8K −$14.50/SF
NOI
$116.1K $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%
$2,321,680
Cap Rate 7%
$1,658,343
Cap Rate 9%
$1,289,822
Alternative Uses
Best Use
Multifamily LT 5
$1.66M
$1.45M – $1.93M
NOI $116,084 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$1.53M
$1.34M – $1.79M
NOI $107,315 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$8.54M
$7.47M – $9.96M
NOI $597,643 @ 7.0% cap · market cap 28.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
9,349
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The legal two-family residence includes private outdoor areas and a separate cellar.
Where is this duplex located?
The property is located at 165 W 126TH Street New York City, NY.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Legal two‑family townhouse arranged as two duplex residences; 17‑foot‑wide brownstone, built in 1910; Landscaped backyard, raised deck with pergola, and garden‑facing balcony
