Historic Quadplex with
New
For Sale
$2,320,000
252 W 136TH St, New York, NY 10030
Well-maintained townhouse with preserved architectural details, private outdoor space, and occupied rental units.
Property Size3,515 SF
Days on Market4
Property Features for 252 W 136TH St
General Information
Standard status
Active
Size
3,515 SF
Property subtype
Multi Family
Units
Unit Mix
1 x triplex, 1 x 1BR, 2 x studio
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$24,132
Building Details
Building Size
3,515 SF
Year Built
1910
Buildings
1
Construction
Queen Anne
Listing Agency:
(917) 597-1849
Listed By:
Adjina Dekidjiev
(917) 597-1849
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 7:40AM
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 Adjina Dekidjiev
Investment Insights
Based on property information with market context.
This well-maintained Queen Anne townhouse is 17.5 feet wide and dates to 1910. Its brick and limestone exterior retains corbeled bay windows, a galvanized metal cornice, a limestone facade, and a high stoop. The property includes a private garden, a chef's kitchen with stainless steel appliances and breakfast bar, hardwood floors, renovated kitchen finishes, full baths, washer and dryer, and finished basement space suitable for office, recreation, media, or storage use.
The building is located within the Dorrance Brooks Square Historic District, on a tree-lined Harlem block and two blocks from Striver's Row. St. Nicholas Park, Whole Foods, neighborhood shopping, and restaurants are nearby. Access to the B, C, 2, 3, A, and D subway lines is supported by a 100 transit score, while the property carries a 93 walk score and a 57 bike score. All rental units are occupied, and current rents are below market and unrestricted.
The building is located within the Dorrance Brooks Square Historic District, on a tree-lined Harlem block and two blocks from Striver's Row. St. Nicholas Park, Whole Foods, neighborhood shopping, and restaurants are nearby. Access to the B, C, 2, 3, A, and D subway lines is supported by a 100 transit score, while the property carries a 93 walk score and a 57 bike score. All rental units are occupied, and current rents are below market and unrestricted.
Key Highlights
- 17.5‑foot‑wide Queen Anne townhouse built in 1910
- Located within the Dorrance Brooks Square Historic District
- Private garden with landscaped outdoor space
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
$118,960
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
5.13%
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%
$2,379,200
$2.4M
Cap Rate 7%
$1,699,429
$1.7M
Cap Rate 9%
$1,321,778
$1.3M
Market Conditions
NOI Build-Up for 3,515 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
$179.3K $51.00/SF
− Vacancy
−$9.3K −$2.65/SF
EGI
$169.9K $48.35/SF
− OpEx
−$51.0K −$14.50/SF
NOI
$119.0K $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%
$2,379,200
Cap Rate 7%
$1,699,429
Cap Rate 9%
$1,321,778
Alternative Uses
Best Use
Multifamily LT 5
$1.70M
$1.49M – $1.98M
NOI $118,960 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M
NOI $109,975 @ 7.0% cap · market cap 4.74%
Theoretical Best
Specialty Retail
$8.75M
$7.66M – $10.21M
NOI $612,454 @ 7.0% cap · market cap 26.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
7,375
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained townhouse with preserved architectural details, private outdoor space, and occupied rental units.
Where is this quadplex located?
The property is located at 252 W 136TH St New York, NY.
What is the asking price?
The asking price for this property is $2,320,000.
What are key features of this property?
This property features: 17.5‑foot‑wide Queen Anne townhouse built in 1910; Located within the Dorrance Brooks Square Historic District; Private garden with landscaped outdoor space
