Two-Family Brownstone
For Sale
$3,125,000
26 E 126th St, New York, NY 10035
Five-floor residence with an owner’s triplex, separate garden duplex, private deck, and fenced rear garden.
Property Size4,058 SF
Lot Size0.04 Acres
Price / SF$651.04
Days on Market50
Property Features for 26 E 126th St
General Information
Standard status
Active
Size
4,058 SF
Lot size
0.04 Acres
Property subtype
Multi Family
Site & Location
Neighborhood
Harlem
Public Transit
Yes
Units
Unit Mix
4BR triplex, 1BR duplex
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$21,864
Building Details
Building Size
4,058 SF
Year Built
1887
Buildings
1
Stories
3
Units
2
Construction
brownstone
Listing Agency:
Compass
Listed By:
Carlos Alberto Garcia
(757) 435-0445
Source:
Elliman
Added: Sep 18
Changed: Nov 3
Last Checked: Nov 4 at 1:07PM
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
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Investment Insights
Based on property information with market context.
This five-floor brownstone is configured as two residences: a four-bedroom owner’s triplex above a separate one-bedroom garden duplex. The property contains 4,800 gross square feet, 4,058 square feet of interior area, and 1,159 square feet of private outdoor space. Interior details include oak floors, crown moldings, a high-ceilinged parlor, custom kitchens, stainless steel appliances, multiple full bathrooms, a dedicated laundry area, and extensive storage. The owner’s residence also includes a primary suite, sitting room, walk-in closet, and private deck.
The lower residence has a living and dining area, open kitchen, bedroom, full bathroom, closets, recreation room, storage, and mechanical rooms. Outdoor space includes a 42-foot-deep fenced rear garden. The property is located on East 126th Street in Central Harlem, two blocks from Marcus Garvey Park and near the Apollo Theater, Studio Museum, and the 125th Street retail corridor. Walk Score is 98, Bike Score is 81, and Transit Score is 100.
The lower residence has a living and dining area, open kitchen, bedroom, full bathroom, closets, recreation room, storage, and mechanical rooms. Outdoor space includes a 42-foot-deep fenced rear garden. The property is located on East 126th Street in Central Harlem, two blocks from Marcus Garvey Park and near the Apollo Theater, Studio Museum, and the 125th Street retail corridor. Walk Score is 98, Bike Score is 81, and Transit Score is 100.
Key Highlights
- Two‑family layout with a four‑bedroom owner’s triplex and separate one‑bedroom garden duplex
- 4,800 gross square feet and 4,058 square feet of interior area
- 1,159 square feet of private outdoor space, including a parlor‑level deck and rear garden
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,449
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,248,980
$3.2M
Cap Rate 7%
$2,320,700
$2.3M
Cap Rate 9%
$1,804,989
$1.8M
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$244.8K $51.00/SF
− Vacancy
−$12.7K −$2.65/SF
EGI
$232.1K $48.35/SF
− OpEx
−$69.6K −$14.50/SF
NOI
$162.4K $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%
$3,248,980
Cap Rate 7%
$2,320,700
Cap Rate 9%
$1,804,989
Alternative Uses
Best Use
Multifamily LT 5
$2.32M
$2.03M – $2.71M
NOI $162,449 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$2.15M
$1.88M – $2.50M
NOI $150,179 @ 7.0% cap · market cap 4.81%
Theoretical Best
Specialty Retail
$11.95M
$10.45M – $13.94M
NOI $836,352 @ 7.0% cap · market cap 26.76%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
8,050
Businesses Nearby
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Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Five-floor residence with an owner’s triplex, separate garden duplex, private deck, and fenced rear garden.
Where is this duplex located?
The property is located at 26 E 126th St New York, NY.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Two‑family layout with a four‑bedroom owner’s triplex and separate one‑bedroom garden duplex; 4,800 gross square feet and 4,058 square feet of interior area; 1,159 square feet of private outdoor space, including a parlor‑level deck and rear garden
