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Italianate Brownstone Conversion Opportunity
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235 W 131st St, New York, NY 10027

1910 Italianate brownstone offered vacant for conversion, currently requiring a complete gut renovation.

Property Size2,250 SF
Lot Size0.03 Acres
Days on Market123

Property Features for 235 W 131st St

General Information

Standard status Active
Size 2,250 SF
Lot size 0.03 Acres
Property subtype Multifamily

Building Details

Year Built 1910
Stories 4
Construction Italianate brownstone
Tenancy Multi
Listing Agency: Compass New York
Listed By: Aadel Mohamed · License #10401238839
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:23PM

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 New York

Investment Insights

Based on property information with market context.

Built in 1910, this Italianate brownstone is being offered vacant and is in need of a complete gut renovation. The property was previously used as an 11-unit SRO and the proposed plans call for conversion to a 6-unit multifamily building. The building is approximately 2,250 square feet over four levels on a 15 ft by 99 ft lot, with additional air rights of roughly 2,908 square feet. It is located outside a historic district and will be delivered with a certificate of non-harassment.

The home is situated on a block with a long row of stately historic townhouses. Nearby parks include St. Nicholas Park and Morningside Park, and the East River Esplanade and Hudson’s Riverside Park are each less than a mile away. The area also provides convenient access to the dining and nightlife along nearby Harlem blocks.

Amenities along 125th Street include Whole Foods, H&M, Marshalls, and the Apollo Theater. Transportation options in the surrounding area include the A/C, B/D, and 2/3 trains, along with bus service and CitiBikes.

Key Highlights

  • 1910 Italianate brownstone at 235 West 131st Street, currently vacant and offered for conversion with a certificate of non‑harassment.
  • Former 11‑unit SRO building requiring a complete gut renovation; suitable for multifamily, an owner’s triplex with a rental unit, or single‑family use.
  • Approximately 2,250 SF over four levels, on a 15 ft by 99 ft lot.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Building Supply Accounting Firm Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,305
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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 1910 Italianate brownstone offered vacant for conversion, currently requiring a complete gut renovation.
Where is this apartment building located?
The property is located at 235 W 131st St New York, NY.
What are key features of this property?
This property features: 1910 Italianate brownstone at 235 West 131st Street, currently vacant and offered for conversion with a certificate of non‑harassment.; Former 11‑unit SRO building requiring a complete gut renovation; suitable for multifamily, an owner’s triplex with a rental unit, or single‑family use.; Approximately 2,250 SF over four levels, on a 15 ft by 99 ft lot.
More about this property
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